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Sheng Xin Lithium can plan to raise no more than 3 billion yuan for BYD s full subscription _SMM

[Shengxin LiNeng plans to raise no more than 3 billion yuan for BYD's full subscription] on the evening of March 22nd, Shengxin LiNeng disclosed a plan for a non-public offering of shares, with a total amount of no more than 3 billion yuan to be raised. BYD, a specific target, will fully subscribe for the shares issued by Shengxin LiNeng in cash.

Top Ten domestic News of Battery New Energy Industry in 2021: progress in difficulties, stick to Breakthrough_SMM

Top Ten domestic News of Battery New Energy Industry in 2021: progress in difficulties, stick to Breakthrough_SMM
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Zhongwei Corporation and Xiamen Xiangyu Strategic Cooperation will purchase Nickel and Cobalt from Xiamen Xiangyu_SMM

[Zhongwei Corporation and Xiamen Xiangyu Strategic Cooperation will purchase Nickel and Cobalt from Xiamen Xiangyu] on December 28, Zhongwei issued an announcement that the company signed a "Strategic Cooperation Framework Agreement" with Xiamen Xiangyu. It has decided to establish long-term close cooperation in the fields of raw material supply guarantee, nickel resources development cooperation and supply chain guarantee cooperation. Among them, in terms of raw material supply guarantee, the two sides are expected to achieve cooperation in the supply of nickel and cobalt raw materials of about 80, 000 tons and 15000 tons of cobalt metal during the five-year period from 2022 to 2027.

Still debating which is better or worse than ternary or lithium iron phosphate? Several suppliers of cathode materials want both _SMM

[it is still debating whether ternary or lithium iron phosphate is better or worse. There are many technical routes for lithium battery cathode materials. At present, ternary and lithium iron phosphate stand in the center of the stage. In terms of performance, price and other aspects, both of them have their own advantages. It will develop in parallel for a long time in the future, and many suppliers have endorsed this point of view with practical actions. After combing the production expansion announcement of the lithium cathode industry chain in the past three months, Science and Technology Innovation Board Daily found that while many ternary material battery manufacturers vigorously develop high-performance material batteries, they are also actively developing lithium iron phosphate batteries.

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