January 27th News Anhui Zhonghui Lithium Energy New Energy Technology Co., Ltd. plans to invest 115.31 million yuan in the construction of a "Lithium Iron Phosphate Battery Cathode Material Restoration Project," which will have an annual restoration capacity of 20,000 tons of lithium iron phosphate battery cathode materials. Chempricehub's analysis of lithium iron phosphate: Bull-Bear Score: -1 The project's annual restoration capacity of 20,000 tons of lithium iron phosphate battery cathode materials will increase market supply through recycling, potentially reducing the demand for new materials and exerting downward pressure on spot prices.