Report: Rongbai Technology to invest in Li-ion battery material project

Published: Nov 20, 2018 09:34

Save

The project will produce 100,000 mt of cathode materials, 200,000 mt of precursors and 100,000 mt of secondary materials per year

Ningbo Rongbai New Energy Technology will invest 12.1 billion yuan to develop a lithium-battery material project in Yuyao’s Linshan town.

The signing ceremony for the production base occurred in Yuyao city in Zhejiang province on November 12, Yuyao Daily reported.

After it is commissioned, the project will produce 100,000 mt of cathode materials, 200,000 mt of precursors and 100,000 mt of secondary materials per year. There are three phases of construction that will end in December 2025.

Lithium Cathode material Precursor

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

[SMM Analysis] Domestic Weakness Meets Overseas Strength, Scrap Tungsten Drags on Sentiment

This week, the tungsten market showed a divergent trend with mild corrections in domestic prices and a contrarian rise in overseas APT prices. Domestic tungsten concentrate and midstream product prices remained relatively firm, while scrap tungsten prices dropped sharply as profit-taking emerged. Supported by a tight supply-demand balance, overseas markets strengthened, further widening the price gap between domestic and international markets.

10 hours ago

16 hours ago

Baiyin Nonferrous to Sell 33 Tons of Crude Selenium via Bidding, Floor Premium at RMB 5,000/ton

SMM March 27 News: According to an official announcement from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 tons of crude selenium through a bidding process, where participants will bid on the premium/discount price. The floor premium is set at RMB 5,000/ton. The bidding will proceed only if at least three companies register. The registration deadline is 5:00 PM on March 30, 2026, and the bidding will begin at 3:00 PM on March 31, 2026. Given that recent crude selenium bidding tenders have seen strong transaction prices, market participants expect the outcome of this premium bidding to be noteworthy.

16 hours ago

Baiyin Nonferrous Group Co., Ltd. Held a Competitive Sale of 33 mt of Crude Selenium on the 27th [SMM Selenium Report]

16 hours ago