[SMM Flash News] Total Investment of 1.5 Billion Yuan! 50,000 mt Annual Battery-Grade Lithium Carbonate Project Commences Operation in Lanzhou, Gansu

Published: Jan 6, 2026 18:21

Save

The project involves an investment of 1.5 billion yuan, using solid waste from aluminum producers in Gansu and surrounding provinces as raw materials. It will annually process 100,000 mt of waste electrolyte and 800,000 mt of hazardous waste from aluminum production (carbon residue, spent pot lining), while also externally purchasing crude lithium carbonate for purification.

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 for 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

12 mins ago

[Energy Storage: India proposes mandatory co-located storage for new solar and wind projects from July 2027]

India's Central Electricity Authority has published draft amendments to its technical standards requiring ground-mounted solar and onshore wind projects commissioned after July 1, 2027 to install co-located energy storage equal to at least 10% of installed capacity with a minimum two-hour duration, rising to four hours for projects commissioned from July 2029 through June 2031. The draft also mandates that at least 15% of inverters in renewable plants have grid-forming control, while all power conversion systems of battery storage must be grid-forming, with stakeholder comments open until October 4. More than 8,133 GWh of solar was curtailed in the first quarter of the fiscal year as the grid could not absorb daytime surplus, and the new rules aim to address mounting curtailment and grid stability concerns.

12 mins ago

55 mins ago

Once dismissed, now frantically grabbing orders! The three Korean giants collectively pivot to LFP!

On the last day of August 2026, SK On announced that it had signed a five-year supply contract for LFP pouch battery cells with US energy storage enterprise NeoVolta Power, with a total supply of 9 GWh, and an additional 9 GWh order may be added within the year, at which point the total scale of cooperation between the two parties is expected to expand to 18 GWh. Almost simultaneously, Samsung SDI was reported to be about to finalise a three-year LFP battery cell supply agreement with an ESS integrator, worth several trillion won, with an annual supply of several GWh.

55 mins ago

13 hours ago

[SMM Energy Storage Battery Cell Market Weekly Review 9.3] Tight copper foil supply constrains September production schedules, energy storage battery cell prices remain firm

[SMM Analysis] Affected by tight copper foil supply and slower-than-expected capacity ramp-up for large-capacity battery cells, China and global energy storage battery cell production growth in September is expected to slow to 4.09% and 4.25% MoM, respectively, but this does not indicate weakening end-use demand. Supply-demand conditions for energy storage battery cells remain tight, with 314Ah battery cell prices holding steady. Shipments are expected to rise steadily going forward, with prices continuing their stable-to-higher trend.

13 hours ago