The Qinzhou Port area of the China (Guangxi) Pilot Free Trade Zone (FTZ) implemented the approval reform of its "notification and commitment system" for investment projects, and provided a "green channel" for approval services for major investment projects.

"The approval of this notification commitment system saved time during the preliminary preparation of our project, and our project's start time was moved forward by at least two months," said the leader of the Gepai new energy battery material integration project.

The project has a total investment of 10.1 billion yuan ($1.5 billion), of which 5.1 billion yuan is invested into fixed assets.

The project is divided into two phases. The first phase covers an area of about 33 hectares, with an annual processing volume of 410,000 metric tons of nickel sulfide concentrate. It will mainly produce 10,000 tons of ternary precursors and 180,000 tons of nickel sulfate.

The second phase of the project covers an area of about 20 hectares and will produce 70,000 tons of ternary precursors, along with 70,000 tons of battery-grade nickel sulfate annually.

The Qinzhou Port. [Photo/WeChat account: gh_df8bc987e060]