Jiangsu Lopal Tech (02465) intends to change the main body of the project for the construction of a 120,000-ton lithium iron phosphate cathode material project in Indonesia.

Jiangsu Lopal Tech. (02465) announced that the company intends to change the main contractor for the construction of a 120,000-ton lithium iron phosphate cathode material project in Indonesia. The first phase of the 30,000-ton lithium iron phosphate cathode material project will still be implemented by PT LBM ENERGI BARU INDONESIA, while the remaining 90,000-ton lithium iron phosphate cathode material project will be implemented by a new project company to be established by the company.