Lithium hexafluorophosphate investment planning capacity has exceeded 750000 tons this year, these enterprises continue to expand production!

On December 10, Yan'an Bikang issued a notice saying that Jiangsu Jiujiujiu Technology Co., Ltd., a holding subsidiary of the company, received a letter from the Management Committee of Jiangsu Rudong Coastal Economic Development Zone on December 10, 2021 on Jiangsu Jiujiujiu Science and Technology Co., Ltd. the letter of pre-examination of the project of adding 40000 tons / year lithium hexafluorophosphate and the letter of pre-examination of Jiangsu Jiujiujiu Technology Co., Ltd. new 20000 tons / year UHMWPE fiber project ".

Among them, it is mentioned in the "letter about Jiangsu Jiujiujiu Science and Technology Co., Ltd. adding 40000 tons / year Lithium hexafluorophosphate Project". The Management Committee of Jiangsu Rudong Coastal Economic Development Zone believes that Jiangsu Jiujiujiu Science and Technology "additional 40000 tons / year Lithium hexafluorophosphate Project" is in line with the industrial positioning and development plan of Rudong Yangkou Chemical Industrial Park focusing on the development of new materials for lithium batteries, and agrees that the project will be settled and preliminary work will be carried out.

This decision means that Yan'an Bikang's layout in lithium hexafluorophosphate is further expanded. Recently, there are also many electrolyte enterprises to join the army of production expansion. On the evening of December 10th, Tianci announced that the company plans to issue convertible bonds to raise no more than 2.561 billion yuan for the annual production of 152000 tons of lithium new materials. Annual production of 20, 000 tons of difluorosulfonimide lithium project, annual production of 62000 tons of electrolyte basic materials project, annual production of 60, 000 tons of daily chemical basic materials project (phase I) and supplementary liquidity. Among them, the new material project with an annual production capacity of 152000 tons of lithium electricity includes liquid lithium hexafluorophosphate with an annual production capacity of 150000 tons.

On December 6th, Tianji shares announced that its subsidiary Xintai Materials, Jiangsu Changshu New Materials Industrial Park and Jiangsu Ruitai New Materials Investment letter, agreed to invest 30000 tons of lithium hexafluorophosphate and LiF, calcium chloride and other lithium salt materials production and sales project, the total investment of the project is expected to be 3 billion yuan.

On November 5, Shenzhen Xinxing announced that its wholly-owned subsidiary Songyan Metallurgy plans to invest 700 million yuan to build a lithium hexafluorophosphate project with an annual output of 15000 tons in Songyan Industrial Park, Quannan County, Ganzhou City, Jiangxi Province. It is reported that the project has a construction period of 1.5 years and is planned to be built in four phases.

On November 25th, Shi Da Shenghua even said that at present, Wintek New Energy 5000 tons / year lithium hexafluorophosphate project (phase I) 2000 tons / year lithium hexafluorophosphate plant has reached production, 5000 tons / year lithium hexafluorophosphate project (phase II) 3000 tons / year lithium hexafluorophosphate project started construction, preparations are under way before the relevant construction.

And Tianci material also said on November 5 that its wholly-owned subsidiary Jiujiang Tianchi built an annual production capacity of 60, 000 tons of liquid lithium hexafluorophosphate and an annual production capacity of 150000 tons of electrolyte mother liquor preparation equipment has completed the installation and commissioning of production equipment, has been officially put into operation, and has entered the stage of trial production.

As we all know, since the beginning of this year, lithium hexafluorophosphate, as one of the raw materials of power battery electrolyte, is definitely the well-deserved "price increase king" this year. As of December 13, the average spot price of domestic lithium hexafluorophosphate has risen to 550000 yuan / ton, nearly 400% higher than at the beginning of the year.

"Click to view the price of SMM new energy products

In a short period of 5 days in November, the subsidiary company and Henan Nonferrous Metals Industry Co., Ltd. and EnchemCo.,Ltd. Signed the purchase Agreement, EnchemCo.,Ltd. It is planned to purchase lithium hexafluorophosphate products with a total amount of not less than 1 billion yuan from Henan Nonferrous in the next three years. Then, on November 15, Dofudo signed a "strategic cooperation agreement" with BYD, in which BYD intends to purchase lithium hexafluorophosphate products of no less than 56050 tons from the company within the validity period of the cooperation agreement.

After signing two long orders in a row, Polyfluorodo said on the evening of November 24th that it plans to raise no more than 5.5 billion yuan for the annual production of 100000 tons of new electrolyte lithium salt project and supplementary working capital. The project will be built in three phases and will form an annual production line with an annual output of 80,000 tons of lithium hexafluorophosphate, 10,000 tons of lithium difluorosulfonimide and 10,000 tons of lithium difluorophosphate.

According to incomplete statistics, since 2021, the annual production capacity of domestic investment scale of lithium hexafluorophosphate has exceeded 750000 tons, which is enough to show its popularity. According to industry estimates, the supply gap of lithium hexafluorophosphate will still exist in 2022, with a shortfall of 17000 tons in 2022, 35000 tons in 2023, and more than 60, 000 tons in 2024.

However, although the price of lithium hexafluorophosphate has gradually stabilized recently, according to SMM research, the demand for electrolyte in the terminal market is still increasing, the growth rate of ternary and iron-lithium electrolyte is relatively obvious and is expected to remain high, the overall tight pattern of supply and demand is still there, and it is expected that the price of electrolyte will rise slightly in the future. "View details