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LOPAL TECH to Build LFP Cathode Material Production Line in Indonesia with Total Investment of USD160M
2026-06-11 09:49:50
LOPAL TECH (02465.HK) announced that its subsidiary LBM (AP) proposes to invest in and construct the “Massive Production Project for Cathode Materials for New Energy Vehicle Power and Energy Storage Batteries” (Indonesia LBM Phase III Project) in Batang Integrated Industrial Park, Central Java, Indonesia.

The Indonesia LBM Phase III Project has a total investment of US$160 million, equivalent to approximately RMB1.088 billion.
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