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Supply CATL/BYD! The 34 billion lithium battery copper foil project landed

 Last Update: 2023-01-04
 Source: Internet
 Author: User

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【Chemical Machinery and Equipment Network Industry News】Recently, Tongling Hua Innovation Materials Co.
, Ltd.
(hereinafter referred to as Hua Chuangxin Materials) and Sichuan Suining High-tech Zone held an online signing ceremony
for the project.

It is reported that the two parties of the project signed a project investment cooperation agreement by online video signing, and Hua Innovation Materials plans to build an ultra-thin lithium battery copper foil project with an annual output of 100,000 tons in Suining, with a total investment of about 9 billion yuan, which will be built
in two phases.
After the project is fully completed and put into production, it is expected that the annual output value will be about 10 billion yuan and the tax revenue will be about 400 million yuan
.

About Huaxin Materials

According to the data, Huaxin Materials was established in October 2016, specializing in the research and development and manufacturing of lithium battery copper foil, and belongs to Zhejiang Huayou Holding Group
.

In terms of performance, Huaxin Materials achieved sales of more than one billion yuan and profit of more than 100 million yuan
in 2021.

In terms of customers, Huaxin Materials has successively entered the supply system
of leading manufacturers of power batteries such as CATL, BYD, Guoxuan Hi-Tech, EVE Lithium Energy and so on.

Among them, Hua Innovation Materials also signed the "Joint Venture Contract" with EVE Lithium Energy on August 31, and the two parties intend to jointly invest in the establishment of a joint venture company
.
The registered capital of the joint venture is planned to be 480 million yuan, of which China Innovation Materials subscribed 336 million yuan, holding 70% of the shares; EVE can subscribe 144 million yuan, holding 30%
of the shares.

The joint venture plans to build a lithium battery copper foil project with an annual output of 100,000 tons, and the first phase plans to build a lithium battery copper foil with an annual output of 20,000 tons, and the lithium battery copper foil products produced will be supplied to EVE and its subsidiaries on a priority basis
.
The project is scheduled to start construction
in the first half of 2022.

In terms of production capacity, the comprehensive yield rate and A product rate of Huaxin Materials continued to improve in 2021, and the output exceeded 10,000 tons
for the first time.
At present, Huaxin has an annual production capacity
of 30,000 tons of 3.
5-9 micron lithium battery copper foil.

In 2022, the expansion of lithium battery copper foil production of Huaxin Innovation Materials will accelerate.

On March 17, Jiangxi Hua Chuangxin Material (a wholly-owned subsidiary of Huaxin Chuang Material) won 745.
294 mu of land located in Nanchang Linkong Economic Zone; on March 18, the ultra-thin lithium battery copper foil project with an annual output of 100,000 tons officially started
.
With a total investment of about 10 billion yuan, the project is scheduled to be officially mass-produced in the second half of 2023 and fully produced
in the first half of 2024.

On the same day as the start of the Nanchang base project, that is, on March 18, the first phase of the 100,000-ton copper foil project of Guangxi Huaxin Material was officially started, and the second phase of the project was officially launched
.
The total investment of the project is about 6 billion yuan, divided into five phases, each phase of 20,000 tons, is scheduled to be completed
in 2025.

In July, Huaxin Innovation Materials signed a contract with an annual output of 100,000 tons of electrolytic copper foil project in Ordos City, Inner Mongolia Autonomous Region, with a total investment of about 9 billion yuan, to build an annual output of 100,000 tons of electrolytic copper foil production line and supporting facilities
.
After the project is fully completed and put into production, it is expected that the annual sales will reach more than 10 billion yuan and the tax revenue will reach more than
400 million yuan.

To sum up, China Innovation Materials has invested a total of 100+60+90+90=34 billion
yuan in lithium battery copper foil projects so far in 2022.
According to previous planning, Huaxin Materials will build a production capacity of 300,000 tons of lithium battery copper foil in 2025
.

In terms of technology, the scientific and technological research and development results of "key technology and industrialization based on high-performance ultra-thin copper foil for new energy vehicle batteries" independently developed by Huaxin Materials have been promoted and applied as a whole technology in June 2020, and ultra-thin copper foil with a thickness of only 3.
5 microns, a tensile strength of 6 micron copper foil reaches 590MPa, and a 4.
5 micron copper foil winding length exceeds 40,000 meters
.

Upstream and downstream enterprises are competing to lay out lithium battery copper foil

Copper foil is the anode material carrier and current collector of lithium batteries, which cannot be replaced
by other materials in the short term.
According to CICC's new estimates, copper foil accounts for about 11%
of the cost of power batteries.

According to data from Zhiyan Consulting, China's lithium battery copper foil shipments reached 280,500 tons in 2021, a year-on-year increase of 122.
9%.

Driven by the high prosperity of new energy vehicles, the economic inflection point of the superimposed energy storage market is coming, and it is expected that the demand for lithium batteries will further grow in 2022, thus bringing strong demand
in the lithium battery copper foil market.

Under the high demand of the market, in addition to the continuous expansion of production capacity of copper foil companies, upstream copper companies and downstream battery companies are also competing to lay out the copper foil field
.

Copper foil companies have accelerated their expansion this year, and have also attracted listed companies to enter the market
across borders.

Longdian Huaxin: Longdian Huaxin, the world's leading lithium battery copper foil enterprise, successfully put into operation two projects in June and August this year, respectively, the subsidiary Hanhe Technology Phase II 5,000 tons/year high-end lithium battery copper foil project, and Jinglongxin Electronics' annual output of 30,000 tons of high-performance lithium battery copper foil project
.

As of July, the total production capacity of copper foil of Longdian Huaxin Group reached 95,000 tons, and the production capacity of lithium battery copper foil ranked first
in China.

Jiayuan Technology: As of the end of 2021, Jiayuan Technology has a copper foil production capacity of 26,000 tons
.
This year, the 16,000-ton-ton high-performance copper foil project in Baidu Jiayuan Science and Technology Park has started and put into operation; the first production line with an annual output of 5,000 tons in Shandong Jiayuan's "30,000-ton high-precision ultra-thin electronic copper foil project (phase II project)" has been completed and put into operation
.

According to the fundraising project construction plan, from 2022 to 2025, Jiayuan Technology is expected to achieve production capacity of 45,100 tons, 83,100 tons, 101,000 tons and 107,000 tons
respectively.

Nord shares: In 2022, it has successively invested in the construction of lithium battery copper foil production bases with an annual production
capacity of 100,000 tons in Huangshi, Hubei Province and Guixi, Jiangxi Province.

Coupled with the production capacity of the two production bases in Huizhou and Qinghai, the copper foil production capacity of NORD will be close to 300,000 tons/year
after the above bases are put into operation.

Hailiang Co.
, Ltd.
: It is expected to complete the construction of 6 production lines in September, with a total annual production capacity of 12,500 tons, and by the end of the year, the construction of 12 production lines will be completed, when the total annual production capacity will reach 25,000 tons
.

Hangzhou Power Co.
, Ltd.
: As a cross-border enterprise, the copper foil project of Hangzhou Power Co.
, Ltd.
is also progressing very well
.
The project was announced in May, and the ultra-thin copper foil project with an annual output of 50,000 tons of lithium batteries officially started in September
.

At present, three upstream copper enterprises have used their competitive advantages in copper raw materials and copper processing last year to extend the industrial chain to the copper foil industry and explore new business growth points
.

On December 7, 2021, Baiyin Nonferrous Metal announced the launch of a cooperative construction of a high-grade lithium battery copper foil project with an annual output of 200,000 tons and carried out preliminary work
.
The main body of project construction is Gansu Defu (37% shareholding ratio of Baiyin Nonferrous Metals).

The total investment of the project is about 12.
15 billion yuan,

On November 7, Hailiang Co.
, Ltd.
, a domestic copper processing leader, announced that it plans to invest 8.
9 billion yuan to build a high-performance copper foil material project
with an annual output of 150,000 tons.

On July 16, Jiangxi Copper announced that through the registration of a new company, it will invest in the construction of three projects with an annual output of 100,000 tons of lithium battery copper foil, 220,000 tons of copper rods and 30,000 tons of casting materials in the jurisdiction of Shangrao Economic Development Zone, with a total investment of 12.
8 billion yuan.

Power battery companies mainly layout lithium battery copper foil
through equity participation and joint venture factory construction.
In January this year, Hive Energy took a stake in Jiangtong Copper, holding a 2.
12% stake in the latter, making it its seventh largest shareholder
.

In March and May last year, CATL (indirect 4% shareholding) and LG Chem (holding less than 5% shares) successively made strategic investments in Telford Technology, and LG Chem also plans to establish a long-term cooperative relationship
with Telford Technology in the field of copper foil.

In addition, CATL has also established a joint venture with Jiayuan Technology (Jiayuan Technology holds 80% of the shares, CATL holds 20% of the shares), and will plan to build a high-performance copper foil project
with an annual output of 100,000 tons.

summary

Xinlu Information Research Report analysis believes that lithium battery copper foil is still in a tight supply in the second half of the year, and processing fees are gradually stabilizing
.
With the development of lithium batteries, low-end products may appear market saturation in the future
.

At present, in order to improve battery performance and reduce costs, the demand for lithium battery copper foil in the power battery market is mainly 8 microns and 6 microns, and some leading companies have begun to switch 4.
5 micron and 4 micron products
in small quantities.

However, lithium batteries are developing in the direction of high energy density and high safety, and in the future, lithium battery copper foil also needs to comply with the demand, and develop in the direction of thinner, microporous, high tensile strength and high elongation
.

In this regard, in addition to sufficient reserve capacity, the iteration of future core production equipment and copper foil manufacturing process technology is the key for copper foil companies to gain a firm foothold and share market share
.

Original: Supply Ningde/BYD! The 34 billion lithium battery copper foil project landed

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