[Li Liangbin, one of the actual controllers of Ganfeng Lithium Industry, made a "Supplementary commitment letter on avoiding potential Inter-Industry Competition" on the acquisition of shares in Mengjin Mining Co., Ltd.] Ganfeng Liangbin (01772) issued an announcement. Mr. Li Liangbin, one of the actual controllers of the company, intends to use his own funds to acquire a 70% stake in Xianghuangqi Mengjin Mining Development Co., Ltd. (Mengjin Mining). In view of the fact that Mengjin Mining is engaged in lithium mining and mineral products processing and sales, after the completion of this acquisition, Li Liangbin will form a potential industry competition with Ganfeng Lithium Industry. "View details
[Shengxin Lithium Energy: plans to invest US $350 million to develop lithium carbonate and lithium hydroxide deep processing business in Indonesia] Shengxin Lithium Energy announced that Shengxin International, the company's wholly owned grandson, intends to invest in a joint venture with STELLAR in Indonesia to invest in the construction of an annual production capacity of 50,000 tons of lithium hydroxide and 10,000 tons of lithium carbonate in (IMIP), Morovali Industrial Park, Morowali County, Central Sulawesi Province. The total investment of the project is about 350 million US dollars. Shengxin International holds a 65% stake in the joint venture. This investment will greatly expand the production capacity of the company's lithium salt business. It was announced on the same day that Sunway International, a wholly owned Hong Kong subsidiary of the company, intends to purchase the 100% stake in SESA held by Huayou International on the delivery date and Huayou International's shareholder borrowing claims on SESA at a transaction price of US $37.67 million. After the completion of this acquisition, the company will indirectly hold a 100% stake in SESA and have the right to operate the UT complex through SESA, which operates the SDLA project in Argentina, but the company has no ownership of the mining rights in the SDLA project; the current project production capacity is 2500 tons of lithium carbonate equivalent.
[Chuangheng Co., Ltd.: sign a strategic cooperation agreement with Fulin Seiko in phosphate rock, phosphorus source, etc.] Chuanheng share announcement, signed a strategic cooperation agreement with Fulin Seiko, carry out capital cooperation in the upstream phosphate rock and phosphorus source of lithium iron phosphate cathode materials, cooperate closely in the supply chain of lithium iron phosphate cathode materials, and jointly fund the construction of lithium dihydrogen phosphate production project. Carry out cooperation on lithium iron phosphate precursor iron phosphate, purification of phosphoric acid and phosphate.
[Shengtun Mining plans to invest 6.2 billion to build a new energy material project with a production capacity of 300000 tons of battery-grade iron phosphate] Shengtun Mining Industry plans to invest in the construction of an annual production capacity of 300000 tons of battery-grade nickel sulfate, 300000 tons of battery-grade iron phosphate and 10,000 tons of metal-grade cobalt products in Fuquan City, Qiannan Prefecture, Guizhou Province. the total investment is expected to be 6.19 billion yuan. "View details
[Polypore sets up joint venture to produce and sell battery separators in Jiangxi, China] Polypore International, LP (Polypore) and Shanghai Enjie New material Technology Co., Ltd. (Enjie) reached an agreement through their respective subsidiaries in January 2021 to establish a joint venture in China to produce lithium-ion battery dry separators. The necessary regulatory approval procedures for the joint venture have been completed and have been established in Gao'an City, Jiangxi Province as Jiangxi Enbo New Materials Co., Ltd. The company plans to start production in 2022 with a production capacity of 100 million square meters per year. , PPO Energy Storage Materials HK Ltd. in the joint venture It accounts for 49% of the shares, and Enjie accounts for 51% of the shares.
[SEMI Global Vice President: auto production reduction is expected to reach 7 million vehicles this year] Ju long, Global Vice President and China President of SEMI, International Semiconductor Industry Association, said that one of the hottest topics this year is the lack of core, especially the lack of automobile core, because of the lack of core, it is expected that the reduction in automobile production this year will reach 7 million. Gulong stressed that in addition to strong demand and insufficient production capacity, the automotive industry's management and control of the supply chain is also one of the factors. It is hoped that this committee can enable enterprises in the automotive industry chain to better understand the automotive supply chain.
