With a total investment of 8 billion yuan, the project will be built in two phases. The first phase of the project plans to invest a total of 2.5 billion yuan to build a production line with an annual output of 10,000 tons of lithium iron phosphate, 10,000 tons of iron phosphate, and 800,000 tons of pyrite acid.After all the two-phase projects are completed, they will have the annual production capacity of 180,000 tons of lithium iron phosphate, 180,000 tons of iron phosphate, 120,000 tons of titanium dioxide and 800,000 tons of pyrite acid production.It is estimated that the annual output value will be 20 billion yuan, 1.2 billion yuan in taxes will be paid, and more than 1,700 jobs will be created.The project has a large volume and a high starting point, which is in line with the development positioning of Guangxi's key automotive pillar industry, and will provide good services for the development of related industries such as new energy vehicles, energy storage, and 5G base stations.