Recently, as iron phosphatelithium batteryAs an important upstream raw material, the lithium iron phosphate Market suddenly broke into a group of "strange faces": they seem to smell something, cross-border from the titanium dioxide industry, and the target is directly at the lithium iron phosphate Market.

Lithium iron phosphate Market broke into "new players"

On February 3, CNNC titanium dioxide, the leading enterprise in the domestic titanium dioxide industry, suddenly announced that it would build a large lithium iron phosphate project with a planned annual capacity of 500000 tons at a cost of 12.108 billion yuan.

On February 18, longmang Baili, also in the titanium dioxide industry, immediately came the latest news about its entry into the lithium iron phosphate Market: its subsidiary Baili new energy plans to invest 300million yuan to establish Henan Longbai New Material Technology Co., Ltd.

"In recent years, the company has been making technical preparations for the production of lithium iron phosphate materials. The establishment of Longbai new materials is mainly intended to use waste materials to produce new energy battery materials, namely lithium iron phosphate, through the extension of the titanium dioxide industry chain." The relevant person in charge of longmang Baili disclosed.

It is understood that CNNC titanium dioxide and longmang Baili enter the lithium iron phosphate Market by directly producing lithium iron phosphate materials. In addition to this "playing method", there are also players who supply titanium dioxide by-products to lithium iron phosphate production enterprises. Anada is one of them.

It is reported that anada has been involved in the production of high-performance iron phosphate as early as 2015Lithium batteryNecessary raw material for pool - iron phosphate; In July 2020, it further increased the capital and expanded the iron phosphate project, with the amount of capital increase reaching 77million yuan; In the near future, it plans to make iron phosphate its second main industry.

As the saying goes, gentlemen think alike. Titanium dioxide enterprises have broken into the lithium iron phosphate Market from the chemical industry, which must have its underlying reasons.

Aim at the "potential stock" of lithium iron phosphate + the advantage of "turning waste into treasure"

In fact, by virtue of its own safety and cost advantages, coupled with the newly adjusted subsidy policies, lithium iron phosphate batteries are becoming "popular" in the new energy vehicle industry.

According to statistics, in the power battery field with the largest proportion of lithium iron phosphate battery shipments in China, its cumulative output in 2020 reached 34.6gwh, an increase of 24.7% year-on-year. In the same period, the domestic power battery output accumulated 83.4gwh, but decreased by 2.3% year-on-year; In terms of sales volume, lithium iron phosphate battery reached 30.8gwh in total, with a year-on-year increase of 49.2%, and it is the only power battery product that has achieved positive year-on-year growth.

In addition, BYD blade battery is supplied externallyTeslaModel3 launched lithium iron phosphate models, many models have been replaced with lithium iron phosphate batteries, and battery enterprises such as Ningde times are crazy about the layout of lithium iron phosphate battery capacity, which indicates that the demand for lithium iron phosphate batteries will further grow.

It is worth mentioning that on February 26, lithium iron phosphate battery ushered in major positive news: Tesla CEO musk said: (Tesla) out of concern about the long-term availability of nickel supply, moreElectric vehicleLithium iron phosphate (LFP) batteries may be equipped.

Anyone with a clear eye can see that lithium iron phosphate batteries are becoming hot in the field of power batteries.

In addition, in addition to being favored in the field of power batteries, lithium iron phosphate batteries are also used in base stationsEnergy storageElectric energy storage, two wheeled electric vehicles, ships and other application scenarios continue to expand their territory.

As a result, the material market of lithium iron phosphate battery has also become a gold digger under the expectation of the hot sale of lithium iron phosphate battery in the future.

It is predicted that the global demand for lithium iron phosphate cathode materials will reach about 980000 tons in 2025, with the corresponding market size of about 28billion yuan. The average annual compound growth rate from 2020 to 2025 will reach 43%.

Facing the lithium iron phosphate Market with huge demand potential in the future, the "onlookers" in other industries inevitably moved their minds and wanted to take a share. Titanium dioxide enterprises are important participants who came to hear the news.

"Titanium dioxide enterprises have natural advantages in the cross-border lithium iron phosphate Market: the waste generated in the production process of titanium dioxide, such as waste acid and ferrous sulfate, can be combined with lithium carbonate and other materials, and can be made into lithium iron phosphate after further processing. In this process, the waste will be used, and the processing cost will be saved, so it is no longer necessary to spend money to purchase other products for neutralization as before." The relevant person in charge of CNNC titanium dioxide said.

It can be seen that the cross-border participation in the production of lithium iron phosphate has turned the "burden" of titanium dioxide enterprises into a "baby", killing two birds with one stone.

At the same time, the production expansion of titanium dioxide industry also puts the "cross-border" operation of its enterprises on the agenda.

"At present, the titanium dioxide market is good, and most titanium dioxide enterprises have plans to expand production. The company plans to expand 200000 tons of crude iron in the near future. If it is fast, 300000 tons of full process sulfuric acid titanium dioxide production scale can be formed in 2022. Up to now, the ferrous sulfate by-product produced by 100000 tons of titanium dioxide production capacity may be digested locally, but when the subsequent production capacity reaches 300000 tons, forming more than 1million tons of ferrous sulfate, the local cannot." Completely digested. " The person in charge of CNNC titanium white said.

It is not difficult to find that under the urging of the current expansion of titanium dioxide industry, relying on the industry's own advantages of "turning waste into treasure", cross-border participation in the popular lithium iron phosphate industry has become a wise move for titanium dioxide enterprises.

However, it is worth noting that although the lithium iron phosphate Market is attractive, it is not easy to "eat it up".

When talking about the key points of titanium dioxide enterprises' cross-border conversion to lithium iron phosphate, Industry insiders pointed out: "first, we should find senior people in the lithium iron phosphate Market as soon as possible and have core technology, so that we can truly achieve integrated production; second, the production plant must be close to the mining area, and at the same time, we should also pay attention to the cost of electricity. In the case of low logistics and electricity costs, the advantages will be highlighted. In addition, the speed of production conversion must be fast, and the good opportunity will pass if the action is slow".

It seems that the titanium dioxide enterprises who want to make a big noise in the lithium iron phosphate Market are going to run forward. Article source:Vico Lithium battery