The manufacturing of solid-state batteries typically requires more advanced and new-type materials. Currently, composite current collectors are being rapidly introduced into solid-state battery applications. In June this year, Sanfu New Technology disclosed externally that it had signed a strategic cooperation agreement with a European semi-solid-state battery manufacturer. After the customer successfully establishes the first set of semi-solid-state high-safety battery production lines, a formal supply contract for "key materials for 5Gwh semi-solid-state high-safety batteries" will be signed. It is reported that the key material is a composite copper foil current collector.

At a time when the world is vigorously promoting the transition to clean energy, batteries, as the core of the new energy industry, are expanding their applications, from electric vehicles (EVs) to energy storage systems (ESS), with batteries being ubiquitous. As the ownership of batteries continues to rise, the retirement period of batteries is gradually approaching, and how to handle these scrap batteries has become a focus of attention in the industry. However, at present, the battery recycling industry is fraught with chaos, and there are still many issues to be addressed in terms of business models and application scenarios. It is urgent to accelerate the large-scale and standardized utilization of scrap batteries.

In June, the domestic iron phosphate market showed a steady yet increasing trend, with production increasing slightly by 2% MoM and significantly by 56% YoY.

[SMM Analysis: Iron Phosphate Market Showed Slight Growth Amid Stability in June, with Prices Failing to Find Support amid Rush for Orders] SMM reported on July 1: In June, the domestic iron phosphate market showed a steady growth trend, with production increasing slightly by 2% MoM and significantly by 56% YoY...

[SMM Analysis: China's LFP Import and Export Situation in May] In May 2025, China's LFP exports reached 941.6 mt, down 18% MoM from April and up 429% YoY. In terms of price, the average export price of LFP in May 2025 was $5,341.3/mt, a decrease of $865.58/mt from the average price in April, representing a MoM decline of approximately 13.9%.

[SMM Lithium Battery Market Analysis: China's LFP Material Production Rose 1.56% MoM in June] In June 2025, China's LFP cathode material production rose 1.56% MoM and was up 59% YoY, with an industry operating rate of 57%. The operating rates of leading material producers were significantly increasing, but production at some small and medium-sized producers declined slightly due to fluctuations in downstream battery cell manufacturers' demand.

[SMM Cobalt and Lithium Morning Meeting Summary: This week, the price of electrolyte remained stable. Cost side, the prices of LiPF6, solvent, and additive, which are the core raw materials for electrolyte, remained stable, and there was no significant fluctuation in the overall manufacturing cost of electrolyte, maintaining a relatively stable cost structure. Demand side, affected by seasonal factors, the NEV market saw mediocre auto sales, leading to a slight MoM decline in the demand for power batteries.