Invest 8.9 billion! The project of high-end lithium materials has been officially launched.

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Recently, news from Hailiang (002203) shows that the company's annual output of 150000 tons of high-performance copper foil material project held a launching ceremony in Lanzhou New area. The total investment of the project is 8.9 billion yuan, mainly to build a production base of 100000 tons of high-performance lithium electric copper foil materials and 50, 000 tons of high-performance electronic circuit copper foil materials.

The project is divided into three phases, each with 50,000 tons. After full production, it will form a high-performance copper foil production capacity of 150000 tons / year, including lithium copper foil 120000 tons / year, standard copper foil 30, 000 tons / year. The first phase will be put into production in the fourth quarter of 2022. Among them, lithium copper foil is mainly 6 μ m and 4.5 μ m.

Copper foil accounts for 5% of the cost of battery materials for lithium batteries. Based on the strong market demand, the price of copper foil has risen rapidly since the end of last year. For example, 8 μ m and 6 μ m copper foil rose from 72000 yuan / ton and 91000 yuan / ton in mid-2020 to 106000 yuan / ton and 122500 yuan / ton in November this year, up 47.22% and 34.62% respectively.

With the acceleration of the global electrification process and the high prosperity of the new energy vehicle market, the inflection point of the superimposed energy storage market economy is coming, and the demand for lithium copper foil is further increasing. Since the beginning of this year, Jiayuan Technology, Silver Nonferrous, Nord shares and other companies have announced new investment and production expansion plans.

Jiayuan Technology: it was announced on December 8 that it signed a memorandum of investment intention for a joint venture with Ningde Times to jointly establish a joint venture company with an initial registered capital of 500 million yuan (80% held by Jiayuan Technology and 20% held by Ningde Times). The subsequent capital can be increased to 2 billion yuan in stages as needed, and a high-performance copper foil project with an annual output of 100000 tons will be planned and built.

On November 5, Jiayuan Science and Technology issuance and Investment Project plans to raise no more than 4.9 billion yuan for the construction of high-performance lithium copper foil and high-end lithium electrolytic copper foil production lines in Guangdong, Shandong, Jiangxi, Fujian and other places. The project will add 46000 tons of high-performance lithium copper foil production line and 20, 000 tons of high-end electrolytic copper foil production line.

Silver Nonferrous: on the evening of December 7, it was announced that it would launch a cooperative project to build high-grade lithium copper foil with an annual output of 200000 tons and carry out preliminary work. The main body of the project is Gansu Defu (the proportion of shares held by Baiyin Nonferrous Metals is 37%). The total investment of the project is about 12.15 billion yuan. According to the preliminary estimate that the project capital accounts for 35% of the total investment, Baiyin Nonferrous contributes about 1.57 billion yuan according to the proportion of shares held.

Jiangxi Copper Industry: on July 16, Jiangxi Copper announced that through the registration of a new company, it will invest in three projects with an annual production capacity of 100000 tons of lithium copper foil, 220000 tons of copper rods and 30, 000 tons of casting materials in Shangrao Economic Development area, with a total investment of 12.8 billion yuan. Among them, the annual output of 100000 tons of lithium copper foil is expected to invest 11.4 billion yuan.

Norde shares: on June 8, Norde shares announced that it planned to raise 2.288 billion yuan privately for the construction of 15000 tons of electrolytic copper foil production line for Qinghai high-performance and extremely thin lithium-ion batteries and 12000 tons of electrolytic copper foil project for Huizhou power batteries.

After the expansion of the two bases mentioned above, the total production capacity of the company will reach 85000 tons (65000 tons for Qinghai base and 20, 000 tons for Huizhou base).

Chaohua Technology: on February 1st, Chaohua Science and Technology announced that it plans to invest 12.26 billion yuan to build projects with an annual output of 100000 tons of high-precision electronic copper foil in Yulin, Guangxi, which is expected to become the single electronic copper foil factory with the largest production capacity in the world.

Chaohua Technology currently has a production capacity of 20, 000 tons and is under construction. The total production capacity of the project will reach 140000 tons, including 96000 tons of standard copper foil for consumer electronics and 44000 tons of lithium copper foil for new energy batteries. Chaohua Technology may have the largest copper foil production capacity in the world.

Hainan Zijing: on May 28th, Qujing Economic Development District and Hainan Zijing Investment Co., Ltd. held a signing ceremony of "annual output of 50, 000 tons of high-end lithium copper foil and supporting projects". The total investment of the project is expected to be about 3.5 billion yuan.

Longdian Huaxin: on May 17, the East China headquarters of Longdian Huaxin Lithium Copper foil, with a total investment of 10 billion yuan, officially laid the foundation in Nanjing Lishui Industrial New City, building a regional headquarters, R & D center and production base of 6-8 micron lithium copper foil with an annual output of 50, 000 tons.

Telford Technology: in March this year, Telford Technology completed a Pre-IPO round financing of hundreds of millions of yuan. Among them, Ningde era indirectly participated in this round of financing through Morningway Capital, and Morningway Capital has a strategic stake of 4%.

In May, Telford Technology secured a strategic investment of 40 billion won in LG Chemical, with a stake of less than 5 per cent, and plans to establish a long-term partnership in the copper foil sector.

In addition, the main plant of the 40, 000-ton high-grade electrolytic copper foil project with a total investment of 5 billion yuan has been completed, and it is planned to complete the equipment installation and commissioning and trial operation in June this year.

Tongling Nonferrous: the company has an annual output of 20,000 tons of ultra-thin electronic copper foil for high-precision energy storage. At the same time, its subsidiary copper crown copper foil has a total production capacity of 45000 tons / year, of which PCB copper foil production capacity is 25000 tons / year, lithium battery copper foil production capacity is 20, 000 tons / year.