Shanxi Leqi Graphene Technology, a Chinese company working on graphene applications, announced a new graphene-based batteries project. The project will reportedly be divided into 2 phases: a graphene composite conductive paste project with a capacity of 7,500 tpy (expected to start pilot production in December 2017), and a second phase in which the Company will develop a graphene lithium NCA battery anode material, expected to start in July 2018 and reach pilot production in early 2019.

Reports say that the first phase received a total investment of 100 million RMB (almost $15 million USD), and phase 2 secured 200 million RMB (almost $30 million USD).