Ann: Strategic Investment from Sichuan Hebang Biotechnology, page-111

Highlight of some interesting data and stats from the above article, that I wasn't aware of before:

• Hebang Biotechnology owns the Ma Bian Yan Feng phosphate mine and Han Yuan Liu Jia Shan phosphate mine, totaling 90.91 million tonnes of phosphate resources. With increased shareholdings in AEV, Hebang Biotechnology's global phosphate resources have surged to 624 million tonnes

• According to the U.S. Geological Survey, the global basic reserves of phosphate rock are approximately 71 billion tonnes. China is a major phosphate resource country, with reserves totaling 3.2 billion tonnes, accounting for 4.51% of the global total. In terms of production, China is one of the world's largest phosphate rock producers.

• For lithium iron phosphate materials, the cost of iron phosphate, a precursor, accounts for about 30%-40% of the total cost, with the phosphorus source comprising 50% of the iron phosphate cost. It is estimated that one tonne of lithium iron phosphate requires about two tonnes of phosphate concentrate. Future capacity exceeding five million tonnes of lithium iron phosphate will consume more than 10 million tonnes of phosphate concentrate.

• Currently, the company is the world's leading manufacturer of continuous integrated IDA preparation glyphosate, with an existing capacity of 200,000 tonnes per year and an ongoing project in Guang'an with a 500,000-tonne capacity.

• Upon reaching full capacity, the company will have a 700,000-tonne per year glyphosate capacity and a 250,000-tonne per year glyphosate capacity, becoming a dual leader in the global glyphosate market.