BofA warns that the shortage of cobalt supply will restrict the global production of electric vehicles | Yiwei Lithium can clarify that it has not worked with Tesla on the 4680 cylindrical batteries.

[Yiwei Lithium can clarify: no cooperation talks with Tesla on 4680 cylindrical batteries] Yiwei Lithium Energy Disclosure clarification announcement, so far, the company has not discussed cooperation with Tesla on 4680 cylindrical batteries, and the relevant reports are unfounded.

[Yongtai Science and Technology: 450 million yuan invested in lithium battery electrolyte additive project] Yongtai Science and Technology announcement, Inner Mongolia Yongtai, a wholly-owned subsidiary, plans to use self-raised funds to invest in the construction of projects with an annual output of 25000 tons of VC and 5000 tons of FEC, with a total investment of 450 million yuan. According to Yongtai Science and Technology, the main products of this project, VC and FEC, are important additives for the production of lithium battery electrolyte.

[Baolixin: plans to invest 2.5 billion yuan in 5GWh lithium battery production capacity project] Baoli new announcement, the company has friendly consultation with the government of Huangshi Tieshan District, reached an agreement on cooperative investment in the construction of 5GWh lithium battery production capacity project and signed the "Project Investment Cooperation Agreement". The company plans to invest in the construction of 5GWh lithium battery production capacity project in Tieshan District of Huangshi Economic and technological Development Zone. The government of Huangshi Tieshan District gives the company comprehensive support in terms of relevant supporting services, preferential policies and the introduction of resources. The total investment of the project is about 2.5 billion yuan.

[Baoan, China: plans to cooperate to build a production line for lithium battery anode material precursors and finished products] China Baoan announcement, its subsidiary Bertre plans to sign a cooperation agreement with Fu Sang Holdings. The two sides plan to build a "production line project with an annual output of 100000 tons of lithium battery anode materials precursors and finished products" through the establishment of a joint venture company Sichuan Ruifu New material Technology Co., Ltd. The registered capital of the joint venture company is 300 million yuan, and Beitri subscribes to contribute 153 million yuan. The cooperative project is planned to be built in two phases, with an annual production line of 50,000 tons of lithium battery anode material precursors and finished products.

[Lianglian Rongjie shares: participating enterprise lithium salt project is about to carry out linkage commissioning] Lianglian Rongjie shares abnormal fluctuation announcement, the company's wholly-owned subsidiary Kangding Rongjie Lithium Industry Co., Ltd. 2.5 million tons / year lithium ore selection project has not yet obtained environmental assessment approval, the main project has not yet started construction, the specific production time is still uncertain; Chengdu Rongjie Lithium Industry Technology Co., Ltd. has completed the civil engineering construction of the first phase of 20,000 tons / year lithium salt project and is about to carry out linkage commissioning.

[bank of America warns: cobalt supply shortages will restrict global electric vehicle production] the latest analysis by Bank of America's (Bank of America) Global Research Center points out that electric cars will account for more than 50% of car production by 2035, which will boost cobalt demand sharply. If cobalt producers fail to make up for the growing supply gap, cobalt shortage will become a constraint on the production of electric car batteries.

[SMM special topic: if you touch lithium, it goes up. "it goes up all the time." In 2021, with the gradual popularity of the global new energy vehicle field, the power battery industry has achieved rapid development, under the background of a good industry, a number of enterprises in the cobalt and lithium industry chain have also made a lot of gains in the first half of 2021. Recently, many enterprises in the industrial chain have released their financial report data for the first half of 2021. The following is the semi-annual report data of some lithium battery enterprises, positive electrodes, negative electrodes, electrolytes, diaphragms and other enterprises in the power battery plate sorted out by SMM. "View details