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Zhengkunyuan LMFP cathode plant plans mark a new EV materials expansion. The Zhengkunyuan LMFP cathode plant in Changzhi targets 20,000 t/yr of LMFP. As a result, the Zhengkunyuan LMFP cathode plant could extend EV range at lower cost.
Capacity, investment, and location
Zhengkunyuan will build the LMFP facility in Changzhi’s Zhangze industrial park. The total investment is 300mn yuan. The company will execute construction in two phases to manage ramp risk. However, it disclosed no timeline or start date. A cooperation agreement with the local high-tech zone supports approvals. Meanwhile, Phase 1 has already run elsewhere since 2023.
LMFP’s edge and market outlook
LMFP offers higher energy density than LFP at competitive cost. Therefore, it enables longer driving ranges for mass-market EVs. Trade-offs include shorter cycle life versus LFP in many use cases. Producers must optimize coatings and particle morphology.
China’s LMFP ecosystem is scaling fast across several hubs. Hunan Yuneng, Shanxanxi Tewashi, Ronbay, and others are adding capacity. This clustered build-out strengthens domestic cathode resilience. It also diversifies supply for energy storage and NEV demand.
The Metalnomist Commentary
LMFP is moving from pilot to scale in China. Watch near-term offtakes and durability claims. Cost-per-kWh and cycle life will decide winners.
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