REUTERS: Chinese battery materials producer Ningbo Shanshan said on Monday it would invest 8 billion yuan in new facilities in Southwest China to boost production, with an eye on exporting more products to Europe.
The Sichuan project, to be located in Pengshan Economic Development Zone, will comprise two phases, each to create capacity of 100,000 tonnes a year, and each taking 16 months to construct, the company said.
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