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Huaibei Development Zone

Leoch breaks ground on China lithium plant

Mon, 01/21/2019 - 00:00 -- John Shepherd
Leoch ground breaking ceremony

Hong Kong-listed lead batteries firm Leoch International Technology has broken ground for a major lithium-ion battery plant in China’s northern Anhui Province.

Leoch is investing CNY1.2 billion (US$177.5 million) in the project to build a factory in the Huaibei Development Zone with an annual production capacity of four gigawatt-hours.

The ‘Leoch International Anhui New Energy Battery Project’ will manufacture batteries for energy storage systems as well as to power electrical devices, Leoch said.

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