Under the goal of "double carbon", lithium copper foil has a broad prospect. Hailiang plans to invest 8.9 billion yuan in construction.

Under the background that the world attaches great importance to climate change, countries have put forward the goal of "double carbon" to constantly optimize the energy structure and achieve green and low-carbon development. Hailiang shares aim at copper-based new materials needed in new energy vehicles, wind power, photovoltaic, nuclear energy and other fields as another important development direction of the company.

On the evening of November 7th, Hailiang Co., Ltd. announced that the company plans to set up a holding subsidiary in Lanzhou New area, Gansu Province, with an investment of 8.9 billion yuan to build a high-performance copper foil material project with an annual output of 150000 tons (tentatively named, hereinafter referred to as "the project"), which is divided into three phases. the motion has been deliberated by the board meeting.

On the premise of ensuring the realization of existing product development goals, the project focuses on the development of high-performance copper foil products. After it is put into production, Hailiang will form a high-performance copper foil production capacity of 150000 tons per year, including 120000 tons of lithium copper foil per year and 30, 000 tons of standard copper foil per year.

With the rapid development of new energy vehicles, the demand for power batteries is increasing exponentially, and the demand for high-performance lithium copper foil is also increasing rapidly. Hailiang shares in the construction of lithium copper foil is expected to become an important entry point into new energy copper-based materials. With the stable development of the global digital product market, lithium battery is widely used in energy storage. The rapid growth of downstream lithium battery market will also increase the demand for lithium copper foil.

(GGII) of the Institute of Lithium electricity of High Industrial Research Institute predicts that the global lithium battery market will continue to grow at a medium and high speed in the next few years. Global lithium battery shipments are expected to reach 1523GWH by 2025, and the global lithium copper foil market demand will reach 970000 tons, with an average annual compound growth rate of 33.3% from 2020 to 2025.

In addition, in 5G communications, high-frequency and high-speed PCB as an important upstream of electronic products, its high growth will also lead to the growth of copper foil demand. According to Prismark forecast data, the global PCB market has an average annual compound growth rate of 5.8% from 2020 to 2025. TGII predicts that standard copper foil shipments will continue to grow steadily from 2021 to 2025, with a compound growth rate of about 5.9% from 2020 to 2025, and the global standard copper foil market demand will reach 680000 tons by 2025.

It is reported that at present, the copper foil of lithium battery in China is still mainly 6-8 μ m. Following the switch of 6 μ m lithium battery copper foil in Ningde era, domestic mainstream battery factories such as BYD, Guoxuan Hi-Tech, Xingheng Co., and Yiwei Lithium Energy are also actively introducing 6 μ m lithium battery copper foil. Under the premise of ensuring the safe use of batteries, in order to further improve the energy density of lithium batteries, thinner 4.5 μ m copper foil has become the focus of domestic mainstream lithium battery copper foil manufacturers.

It is worth mentioning that Hailiang shares in the project product selection is mainly 6 μ m, 4.5 μ m lithium copper foil. As the key negative basic material of lithium-ion battery, the development of extreme thinning of copper foil is very important to increase the capacity of lithium-ion battery. In the future, with the continuous development of lithium-ion battery industry and the continuous improvement of end customers' requirements for lithium battery energy density, high-performance extremely thin lithium copper foil has great market application value and prospect.

Hailiang shares also said that the company pays close attention to the development trend of the global copper foil market, gives full play to the rich experience, capacity and global advantages of setting up factories abroad, and will further speed up the detailed investigation of the overseas copper foil market. a comprehensive demonstration of the feasibility of building an annual copper foil project with an annual capacity of 100000 tons in Europe, the United States and Southeast Asia, and will actively look for cooperation and M & An opportunities for high-quality copper foil production enterprises.