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

Published: Feb 19, 2025 09:17

Save

[SMM Analysis: Energy Density Increases by 15%-20%! 20,000 mt of LFMP Is Set to Be Commissioned] The main equipment for the 20,000-mt LFMP cathode material project by Baiyin Times Ruixiang has been largely installed and is expected to begin trial production in April. Once officially commissioned, the project will bring a capacity of 20,000 mt and an annual revenue of 1 billion yuan.

》View SMM Cobalt and Lithium Product Prices, Data, and Market Analysis

》Subscribe to View Historical Spot Price Trends of SMM Cobalt and Lithium Products

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

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

19 hours ago

Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth

On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State

19 hours ago

Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run

On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.

19 hours ago

750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational

On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.

19 hours ago