Chinese battery cathode producers have continued to expand investment in the overseas market, with the country's largest lithium iron phosphate (LFP) producer Hunan Yuneng planning to build a plant in Spain.
[SMM Analysis: Battery technology iteration and renewal How far is the future of lithium manganese iron phosphate? 】SMM News on April 3: At the end of March, relevant news showed that Jiangsu Qianyun Hi-Tech New Materials Co., Ltd.’s lithium iron manganese phosphate cathode material project (first phase of 100,000 tons) was approved. Prior to this, many cathode material factories had deployed production capacity of lithium manganese iron phosphate. Domestic material companies have already deployed Rongbai Technology, Dangsheng Technology, Defang Nano, Hunan Yuneng, etc., and overseas material companies include Samsung SDI, LG New Energy, and SK On.
SHANGHAI, Jul 26 (SMM) - Except for March, iron phosphate production in each month in the first half of the year achieved positive month-on-month growth.