On October 26, Xiamen Tungsten New Energy announced that its controlled subsidiary, Ya'an XTC New Energy, plans to invest 7

On October 26, Xiamen Tungsten New Energy announced that its controlled subsidiary, Ya'an Xiamen Tungsten New Energy, plans to invest RMB 723 million in the construction of a new project with an annual capacity of 40,000 tons of lithium iron phosphate (and/or lithium manganese iron phosphate). The project has a construction period of 18 months and is scheduled for commissioning in June 2028. Upon completion, the company’s total production capacity for lithium iron phosphate (and/or lithium manganese iron phosphate) will reach 120,000 tons per year.