
Hunan Yuneng plans cathode material factory in Spain

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Hunan Yuneng, a leading Chinese supplier of lithium iron phosphate (LFP) cathode materials, plans to build a factory in Mérida, Spain, with an investment of €800 million. The facility will create around 500 jobs and will be located in the ExpacioMérida industrial park. The project will be developed in phases, starting with a plant capable of producing 50,000 tonnes of LFP material annually, with future expansion to 300,000 tonnes. This marks the first factory of its kind in Europe, with all necessary permits secured for construction.
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