Batian overweight lithium battery market -Lithium - Ion Battery Equipment
The lithium iron phosphate market is constantly attracting new players to participate. On the evening of November 9, Batian Co., Ltd. (002170) announced that the company signed an agreement with the Weng'an County People's Government to invest in the construction of phosphate rock green resources to produce battery-grade iron phosphate new materials and supporting projects in Weng'an Economic Development Zone, Guizhou. .(Lithium - Ion Battery Equipment)
According to the announcement, the project will cover an area of about 900 mu, with an annual output of 300,000 tons of iron phosphate. The project is to be constructed in three phases. The construction output is 50,000 tons/year, 100,000 tons/year and 150,000 tons/year respectively. The start-up time is November 2021, June 2022, and March 2023.
The advantage of Batian's entry into iron phosphate production lies in phosphorus resources. According to the calculation of Soochow Securities, referring to the market in the first half of this year, the lithium iron phosphate company with self-supplied phosphorus source has a cost advantage of about 2,135 yuan per ton of phosphorus source.
Batian Co., Ltd. has obtained the mining rights of Xiaogaozhai Phosphate Mine in Weng'an County, Guizhou Province in May 2020, and is currently in the stage of mine construction. The company recently responded to investors on the interactive platform that Xiaogaozhai Phosphate Mine is a medium and high-grade phosphate rock with an average grade of 26.74% and reserves of more than 60 million tons. The current daily output of the engineering mine is about 200-600 tons. greatly improved.
According to the financial report, Batian’s revenue in the first three quarters of this year was 1.731 billion yuan, a year-on-year increase of 13.8%; the net profit attributable to the parent was 58.45 million yuan, a year-on-year increase of 30.2%. It is worth mentioning that Batian has previously supplied nitric acid to German Nano, the leader in the domestic lithium iron phosphate industry.
That night, German Nano (300769) also announced a fixed increase method. The company plans to issue no more than 26.768 million shares to specific objects and raise no more than 3.2 billion. Among them, 2.3 billion yuan is used for the production base project of new phosphate-based cathode materials with an annual output of 110,000 tons, and 900 million yuan is used to supplement working capital.
German Nano said that the fundraising project belongs to the new production project of the company's new product new phosphate-based cathode material. The new phosphate-based cathode material is an upgraded product of nano-lithium iron phosphate, which has a higher voltage platform and can significantly improve The energy density of the battery, while retaining the advantages of high safety and low cost.
The lithium iron phosphate industry is highly concentrated. According to the high-tech lithium battery data, the total shipments of the top four manufacturers of lithium iron phosphate materials in 2020 accounted for 79.7%. Defang Nano said that the company urgently needs to deploy the new phosphate-based cathode material market in advance through the implementation of this fundraising project, seize the opportunity and accelerate product upgrades.
Lithium iron phosphate is gaining momentum in the current lithium-ion battery market. In the power lithium-ion battery market, the current loading volume of lithium iron phosphate is comparable to that of ternary materials, and it is rising at a faster rate. According to the statistics of my country's Automobile Power Li-ion Battery Industry Innovation Alliance, from January to September, the national power lithium-ion battery installed a total of 92.06GWh, of which the ternary battery installed a total of 47.1GWh, an increase of 99.5% year-on-year; lithium iron phosphate batteries The cumulative loading volume was 44.8GWh, a year-on-year increase of 332%.
In addition, lithium iron phosphate is regarded as a more suitable solution in the field of energy storage, and the energy storage market is also on the eve of the outbreak. According to Gaogong Lithium Battery data, in the first half of this year, domestic energy storage lithium-ion battery shipments were 11.1GWh, a year-on-year increase of 101.8%. In the first half of the year, the domestic shipment of lithium iron phosphate was 178,000 tons, which has exceeded the annual level of 2020.
Recently, a number of phosphorus chemical companies have cross-border layout of lithium iron phosphate track, including Xingfa Group, Hubei Yihua, Yuntianhua, Xinyangfeng, etc., and traditional manufacturers are also expanding production on a large scale. The market expects that the production will begin to be put into operation at the end of 2021, the volume will continue to increase in 2022, and there may be a surplus situation in 2023.
According to the announcement, the project will cover an area of about 900 mu, with an annual output of 300,000 tons of iron phosphate. The project is to be constructed in three phases. The construction output is 50,000 tons/year, 100,000 tons/year and 150,000 tons/year respectively. The start-up time is November 2021, June 2022, and March 2023.
The advantage of Batian's entry into iron phosphate production lies in phosphorus resources. According to the calculation of Soochow Securities, referring to the market in the first half of this year, the lithium iron phosphate company with self-supplied phosphorus source has a cost advantage of about 2,135 yuan per ton of phosphorus source.
Batian Co., Ltd. has obtained the mining rights of Xiaogaozhai Phosphate Mine in Weng'an County, Guizhou Province in May 2020, and is currently in the stage of mine construction. The company recently responded to investors on the interactive platform that Xiaogaozhai Phosphate Mine is a medium and high-grade phosphate rock with an average grade of 26.74% and reserves of more than 60 million tons. The current daily output of the engineering mine is about 200-600 tons. greatly improved.
According to the financial report, Batian’s revenue in the first three quarters of this year was 1.731 billion yuan, a year-on-year increase of 13.8%; the net profit attributable to the parent was 58.45 million yuan, a year-on-year increase of 30.2%. It is worth mentioning that Batian has previously supplied nitric acid to German Nano, the leader in the domestic lithium iron phosphate industry.
That night, German Nano (300769) also announced a fixed increase method. The company plans to issue no more than 26.768 million shares to specific objects and raise no more than 3.2 billion. Among them, 2.3 billion yuan is used for the production base project of new phosphate-based cathode materials with an annual output of 110,000 tons, and 900 million yuan is used to supplement working capital.
German Nano said that the fundraising project belongs to the new production project of the company's new product new phosphate-based cathode material. The new phosphate-based cathode material is an upgraded product of nano-lithium iron phosphate, which has a higher voltage platform and can significantly improve The energy density of the battery, while retaining the advantages of high safety and low cost.
The lithium iron phosphate industry is highly concentrated. According to the high-tech lithium battery data, the total shipments of the top four manufacturers of lithium iron phosphate materials in 2020 accounted for 79.7%. Defang Nano said that the company urgently needs to deploy the new phosphate-based cathode material market in advance through the implementation of this fundraising project, seize the opportunity and accelerate product upgrades.
Lithium iron phosphate is gaining momentum in the current lithium-ion battery market. In the power lithium-ion battery market, the current loading volume of lithium iron phosphate is comparable to that of ternary materials, and it is rising at a faster rate. According to the statistics of my country's Automobile Power Li-ion Battery Industry Innovation Alliance, from January to September, the national power lithium-ion battery installed a total of 92.06GWh, of which the ternary battery installed a total of 47.1GWh, an increase of 99.5% year-on-year; lithium iron phosphate batteries The cumulative loading volume was 44.8GWh, a year-on-year increase of 332%.
In addition, lithium iron phosphate is regarded as a more suitable solution in the field of energy storage, and the energy storage market is also on the eve of the outbreak. According to Gaogong Lithium Battery data, in the first half of this year, domestic energy storage lithium-ion battery shipments were 11.1GWh, a year-on-year increase of 101.8%. In the first half of the year, the domestic shipment of lithium iron phosphate was 178,000 tons, which has exceeded the annual level of 2020.
Recently, a number of phosphorus chemical companies have cross-border layout of lithium iron phosphate track, including Xingfa Group, Hubei Yihua, Yuntianhua, Xinyangfeng, etc., and traditional manufacturers are also expanding production on a large scale. The market expects that the production will begin to be put into operation at the end of 2021, the volume will continue to increase in 2022, and there may be a surplus situation in 2023.
