wow seems china was busy in January. i like the sound of no. 9 the best
Oh, anyone got a subscription to asianmetals? There's a story from friday with the headline: "Jiangxi Gangfeng suspends lithium carbonate and lithium hydrate production for maintenance." But you can't read it unless you are a member
Business News February 18th
Just 2019, just over a month, the power battery industry's investment expansion process has begun to accelerate, according to the preliminary survey of high-tech lithium batteries, in January 2019, on the upstream materials, four key materials, power batteries and other expansion projects A total of 9 cases, stirring up the market trend and pattern of 2019 in advance. The specific finishing is as follows:
1. Huayou Cobalt Industry/LG Chemical High Nickel Triad Precursor Joint Venture Project Starts
On January 3, Huajin New Energy Materials (Cangzhou) Co., Ltd., a joint venture subsidiary of Huayou Cobalt and LG Chem, started construction in Zhangzhou. The first phase of the project plans to build an annual output of 40,000 tons of high-nickel-type power batteries. New material for meta-precursor.
2. Guoxuan Gaoke's annual production of 200,000 sets of power battery system project foundation
On January 6, Guoxuan High-tech Engineering Research Institute and an annual output of 200,000 sets of electric vehicle powertrain control system projects were held in Baohe District, Hefei City. Baohe Project has a total investment of about 2 billion. After the project is completed, it will lead Guoxuan's R&D centers around the world, including basic research and development of battery materials, design and development of various batteries, product certification, battery ladder utilization and recycling. It has become a world-class battery research and development base and is expected to be built and delivered in the first half of 2020.
3. Weifeng New Energy invested 2 billion yuan in power battery project
On January 7, Shenzhen Weifeng New Energy Co., Ltd. and Hubei Enshi Municipal Government formally signed an investment agreement for power battery production projects. The project is located in the Qiliping Industrial Park of Enshi City and is scheduled to be put into operation in August this year with a total investment of about 2 billion yuan. The project will be constructed in three phases: before the end of August 2019, four power battery production lines will be built; in 2020, two charging piles and charging lines, two power battery core production lines and solid-state battery production lines will be newly built; in 2021, new 4 power battery production lines and 2 power battery cell production lines were built. It is initially estimated that the project will form a complete industrial chain system in 2022, with an annual income of more than 4 billion.
4. Fujian Longyan Gaoge micro-deduction to build 400 million micro lithium battery project
At the beginning of January, the miniature lithium battery project invested by Longyan Gaoge Micro-Button Technology Co., Ltd. was settled in Fujian Liancheng Industrial Park and started construction. The total investment of the project is 400 million yuan. The project will be constructed in two phases. The first phase will invest 200 million yuan to build an annual production capacity of 30 million button-type battery production projects. It is planned to complete trial production at the beginning of this year. The second phase will invest 200 million yuan to build an annual production capacity of 30 million needle-cell batteries. After the completion of the second phase of the project and its completion, the annual output value is expected to reach 500 million yuan.
5. Sichuan Jintai Energy 1.7 billion investment in anode materials project
On January 11, Sichuan Jintai Neng New Materials Co., Ltd. held an annual production capacity of 100,000 tons of lithium ion battery anode material production project (Phase I) at the Yuanjiaba SME Incubation Park in Economic Development Zone, Guangyuan City, Sichuan Province. The total investment of the project is 1.7 billion yuan. The first phase has completed an investment of 170 million yuan. It has been completed and put into operation in 6 months, forming an annual production capacity of 10,000 tons of lithium ion battery anode materials. It is expected to achieve an annual output value of more than 300 million yuan in 2019.
6. Guoxuan Hi-Tech Global Headquarters Base Opens in Shanghai
On January 12th, Guoxuan Hi-Tech Global Headquarters Base and Shanghai Electric Guoxuan R&D Base held a groundbreaking ceremony in Shanghai. Located in Waigang Town, Jiading District, Shanghai, it was built by China Railway Shanghai Engineering Bureau. It covers an area of 92,000 square meters and has a planned total investment of 3 billion yuan. It will be completed by the end of 2019 and put into use in 2020.
7. GEM/Bangpu/Xinzhan International/Shanhe Xingye invested in the laterite nickel project
On January 11th, the new energy materials project of Indonesian laterite nickel ore production jointly invested by GEM, Bump Cycle, Xinzhan International (a subsidiary of Qingshan Iron and Steel), Indonesian Morowali Industrial Park IMIP, and Hanhe Industrial Co., Ltd. was held in Qingshan Park, Morowali Economic and Trade Cooperation Zone. Groundbreaking activities. According to previous agreements, the parties intend to jointly invest 700 million US dollars to build a wet smelting base with a capacity of not less than 50,000 tons of nickel metal and 4,000 tons of cobalt metal, and produce 50,000 tons of nickel hydroxide intermediates and 150,000 tons of battery grades. Nickel sulfate crystal, 20,000 tons of battery grade cobalt sulfate crystal, 30,000 tons of battery grade manganese sulfate crystal. The agreement also said that the parties will set up a joint venture company in Indonesia.
8. The annual output of 10,000 tons of lithium carbonate in the Tibetan Lithium Industry is completed and put into production.
The first phase of the Tibetan gold holding company's “Golden Lithium Project with an annual output of 20,000 tons of lithium carbonate project” (annual output of 10,000 tons of lithium carbonate) has been completed and put into production. The first batch of products have passed the inspection of the authority to reach the battery level standard.
9. Qingshan Industrial plans to invest 20.4 billion to build a battery factory in India
On January 18, Xiang Guangda, Chairman of the Board of Directors of Qingshan Industrial, announced at the 2019 Guadalajara Summit in Gujarat that it would invest 3 billion U.S. dollars (about 20.4 billion yuan) in Dholera to build stainless steel and electric vehicle battery factories. The investment will be jointly carried out by ChromeniSteel, a joint venture of Qingshan Industrial India.
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