Shinghwa Advanced Material Subsidiary to Build Lithium Fluoride Additive Facility
Shida Shinghwa Advanced Material (SHA:603026) subsidiary Shinghua New Energy Technology (Dongying) will invest 285.9 million yuan for a lithium fluoride additive facility, according to a Tuesday filing with the Shanghai bourse.The project will have a capacity of 12,000 tons per year, while the warehouse will have an area of about 3,500 square meters.Construction is expected to last 12 months.