Work on a project to produce anode material for lithium ion batteries has begun in Jiuyuan district, Baotou, in Inner Mongolia autonomous region, according to a Baotou Daily report.

On completion the project, which is funded by Inner Mongolia Shanshan Technology Co with an investment of 3.8 billion yuan ($554 million), will produce 100,000 tons of lithium ion battery anode material annually.

The project involves building anode materials production lines including processing of coke raw materials, natural graphite, low temperature modification, carbonization, graphitization, finished product processing, testing, packaging and storage.

For the graphitization process, a base with an annual output of 50,000 tons will be located in Jiuyuan Industrial Park. It will require investment of 1.2 billion yuan and cover 23.3 hectares.

After being put into production, it is estimated that annual profit and tax revenue will reach 90 million yuan.

Construction work on a factory workshop for Inner Mongolia Shanshan Technology Co’s lithium ion battery project starts in Jiuyuan district, Baotou, in North China’s Inner Mongolia autonomous region. [Photo/Baotou Daily]

Workers at the site of a lithium ion battery anode material project funded by Inner Mongolia Shanshan Technology Co [Photo/Baotou Daily]