Recently, the Development and Reform Commission of Hainan Province issued the “The Major Project Investment Plan of 2025 in Hainan Province”. In 2025, there will be 554 major formal projects, with a total investment of Yuan 854 billion and an annual planned investment of Yuan 164.7 billion. Among them, there are 2 lithium battery related projects with a total investment of Yuan 1.291 billion, as follows:
1. The 20,000-tonne battery grade lithium hydroxide project of Hainan Xingzhihai New Materials, with an investment of Yuan 1.056 billion;
2. The Lithium carbonate project of Hainan Trailblazer New Material Technology Co., Ltd. with an investment of Yuan 235 million.