Energy Density Increases by 15% to 20%! 20,000 mt of Lithium Manganese Iron Phosphate Is Expected to Be Commissioned [SMM Analysis]

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SMM, February 19—The main equipment for the annual 20,000 mt LFMP cathode material project of Baiyin Times Ruixiang has been mostly installed and is expected to begin trial production in April. Once officially operational, the project will bring a capacity of 20,000 mt and an annual revenue of 1 billion yuan.

This April, the annual 20,000 mt LFMP cathode material project of Baiyin Times Ruixiang will officially begin trial production. As an "upgraded product" of the existing LFP, LFMP will help the company explore new markets. After production starts, it will bring a capacity of 20,000 mt, an annual revenue of 1 billion yuan, and create over 80 new jobs. The 20,000 mt production line for LFMP is a relative upgrade of LFP. LFMP, based on the original LFP, increases the voltage platform, resulting in an overall energy density improvement of approximately 15% to 20%. Compared to before, the overall energy density has increased, and the final product will also lead to an extended driving range.

SMM New Energy Research Team

Cong Wang 021-51666838

Xiaodan Yu 021-20707870

Rui Ma 021-51595780

Ying Xu 021-51666707

Disheng Feng 021-51666714

Yujun Liu 021-20707895

Yanlin Lü 021-20707875

Zhicheng Zhou 021-51666711

Haohan Zhang 021-51666752

Zihan Wang 021-51666914

Xiaoxuan Ren 021-20707866

Yushuo Liang 021-20707892

Jie Wang 021-51595902

Yang Xu 021-51666760

Boling Chen 021-51666836