Guangdong Orient Zirconic Ind Sci & Tech (002167.SZ) is planning to invest in the construction of a project with an annual output of 60,000 tons of new energy battery-grade zirconium oxychloride and 12,000 tons of high-purity zirconium hafnium separation oxide.

Guangdong Orient Zirconic Industries Science and Technology (002167.SZ) announced that the company has agreed for its wholly-owned subsidiary, Qinyang Orient Zirconic New Materials Technology Co., Ltd. (referred to as "Qinyang Orient Zirconic"), to invest in the construction of a project with an annual output of 60,000 tons of new energy battery-grade zirconium oxychloride and 12,000 tons of high-purity zirconium hafnium separation oxide. The investment budget is 737 million yuan, and the project will be located in the Qibei Park of Qinyang Economic and Technological Development Zone in Jiaozuo City. Construction is planned to start in January 2026.