HBIS Company Limited Plans To Invest In The Construction Of A 300MW Vanadium Battery Equipment Production Line

On July 13, HBIS COMPANY LIMITED stated on the interactive platform that the company has built a 1,000 ton/year high-purity vanadium production line and a 1,000-ton/year vanadium electrolyte production line. The product quality has been certified by top domestic and foreign vanadium battery manufacturers, and applied in some photovoltaic-vanadium energy storage systems. At the same time, the company is planning to build a 50,000 liter/year electrolyte production line and a 300MW/year vanadium battery equipment production line in three phases from 2022 to 2025.
HBIS COMPANY LIMITED is a super-large iron and steel enterprise formed by the merger of three listed companies, namely the former Tangshan Iron and Steel Co., Ltd., Handan Iron and Steel and Chengde Vanadium and Titanium, through the merger and absorption of the securities market. Its registered address is Hebei Province. Shijiazhuang City, and it is one of the largest listed steel companies in China.
HBIS COMPANY LIMITED has the world’s leading technology and equipment in the iron and steel industry, has a strong foundation for the localization of imported steel and the upgrading of high-end products, and has an annual production capacity of 30 million tons of high-quality steel. At the same time, it is also a world leader in vanadium-titanium steel smelting and vanadium product production technology.