Lopal Technology Holdings Co., Ltd. plans to invest US$160 million in a lithium iron phosphate (LFP) project in Indonesia. The project will be located in the Batang Integrated Industrial Park in Central Java Province, Indonesia. Lopal Technology will invest RMB 377.30 million (approximately US$52 million at current exchange rates). Construction is expected to commence in July 2026, with a construction period of approximately 12 months. The projected return on investment (ROI) is 24.38%.
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