Recently, the launch ceremony of the Phosphorus-Coal Chemical Integration Project in Bijie, Guizhou Province, was held in the Economic Development Zone of Zhijin County, marking the official entry into the implementation stage of this highly anticipated "Number One Project" across Guizhou Province.

With a total investment of approximately RMB 73 billion, the project plans to construct production facilities capable of annually producing 1.5 million tons of lithium phosphate, 800,000 tons of lithium iron phosphate, 1 million tons of DMCC, 5 million tons of coking coal, 500,000 tons of methanol from coke oven gas, 800,000 tons of synthetic ammonia, and 1 million tons of hydrogen peroxide. It is estimated that the annual output value of the project will reach RMB 120 billion.

The project aims to establish a comprehensive new energy and new materials industrial chain, which will promote the development of emerging industries in Guizhou Province, drive the research, development, and production of new energy power batteries and materials, and contribute to Guizhou′s goal of becoming a nationally significant base for deep processing of resources.