1 billion yuan! Fengyuan 200000 tons of high-energy cathode materials and related projects settled in Yunnan] Fengyuan Lithium Energy signed an Investment Agreement with the people's Government of Hongta District, Yuxi City. Fengyuan Lithium Energy plans to invest 200000 tons of lithium battery high-energy cathode materials and related projects in Yuxi City, and the project is scheduled to be built in three phases. Among them, the first phase produces 50, 000 tons of lithium iron phosphate cathode material and 1000 tons of clay lithium extraction pilot line, with a total investment of about 1 billion yuan.