Ronbay Tech Accelerates LFP Project, Aims Full Capacity by September End

[SMM Analysis] Demand in the LFP industry chain continues to rise, but the supply-side response is significantly lagging behind. The most notable feature of the current market is that tight supply is rapidly transmitting from bottom to top, forming a sequential inversion of "battery cell production schedule > LFP cathode production schedule > iron phosphate production schedule." The slow release of LFP capacity and the iron phosphate industry segment have become the most prominent bottlenecks in the entire chain.

On August 4th Namibian producer Andrada Mining, formerly AfriTin, reported that drilling at its Lithium Ridge prospect has returned near surface lithium grades of up to 3.46% Li₂O, alongside notable tin and tantalum mineralization, reinforcing the company's case for a globally significant lithium project. Lithium Ridge forms part of the broader Damaraland pegmatite belt surrounding Andrada's flagship Uis operation, an area the company continues to assess as having significant scale for lithium, tin, tantalum and tungsten mineralisation. Andrada has funded continued exploration at the prospect using cash flow generated from its established Uis tin operation, which posted record quarterly output during the same period. The company has also expanded its broader processing platform, adding a tantalum recovery circuit, with ore sorting under development to improve efficiencies across its Namibian project portfolio. Namibia's political stability, transport infrastructure and established mining legislation have been cited as supportive of continued exploration investment in the country, as regional lithium developers assess the wider Damaraland belt for further discoveries.

On August 3, a tender was launched for a photovoltaic-storage-charging heavy-duty truck ultra-fast charging station in Shaoxing, Zhejiang. The project is located west of Dinggang Straight Street, Mashan Subdistrict, Yuecheng District, Shaoxing City, next to the existing Shaoxing Motor Vehicle Inspection Station. The tender has a price limit of 7.6 million yuan. The procurement scope includes: 2 units of 720KW split DC chargers, 24 single-gun DC charging terminals, 2 dual-gun DC charging terminals, an EMS energy management system, 204 photovoltaic panels, 3 grid-tied inverters, a 560-square-meter photovoltaic canopy, and 3 units of 125kW/261kWh liquid-cooled energy storage systems. The tender also specifies reference brands for the equipment. For the energy storage system, it explicitly requires brands such as Zhejiang Xinghua, Zhejiang Haide New Energy, Hithium Energy Storage, EVE, and CATL.