Top 10 battery-grade lithium hydroxide manufacturers in the world
Top 10 battery-grade lithium hydroxide manufacturers in the world
Ganfeng Lithium’s business runs through the entire industrial chain of resource mining, refining and processing, and battery manufacturing and recycling. Its products are widely used in fields such as electric vehicles, energy storage, 3C products, chemicals, and pharmaceuticals.
Ganfeng Lithium as one of the top 10 battery grade lithium hydroxide manufacturers in the world has lithium ore resources all over the world, also is leading lithium mining companies in China and at the same time has the industrialization technologies of “lithium extraction from brine”, “lithium extraction from ore” and “lithium extraction from recycling”; Sufficient production capacity of lithium compounds and lithium metal, with multiple production bases around the world;
In May 2022, Ganfeng Lithium announced that it plans to use its own funds of no more than 2 billion RMB to invest in the construction of a lithium battery new energy material project with an annual output of 50,000 tons, of which the first phase will build a lithium hydroxide project with an annual output of 25,000 tons.
Total market value: 147.506 billion RMB
Company website: www.ganfenglithium.com
As one of the top 10 battery grade lithium hydroxide manufacturers in the world, Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. Albemarle is a leading global producer of Lithium, Bromine and Catalyst solutions.
ALB converted 7,000 tonnes of Wodgina lithium concentrate through the Kemerton plant, producing an initial 931 tonnes of lithium hydroxide for sale in the second quarter of 2023. Wodgina’s 2023 concentrate sales guidance: 380,000-420,000 tons (calculated based on the 23-year production guidance*2 disclosed by MRL).
Total market value: 27.71 billion USD
Company website: https://www.albemarle.com/
Yahua is one of the top 10 battery-grade lithium hydroxide manufacturers in the world, founded in 1952, is one of the earliest established chemical companies in China. Yahua is one of the earliest enterprises in China to produce lithium salt products. The existing lithium salt production capacity is 73,000 tons, and the lithium salt production capacity will exceed 160,000 tons in 2025.
The entire production line realizes equipment automation, management informationization, and production digitalization, and intelligent manufacturing and digitalization technologies have reached the leading level in the industry. Yahua strives to build a world-leading green power supply chain chemical park with an industrial scale of 100 billion yuan, and will invest in lithium salt production bases in America, Europe, Africa and other countries according to the development progress of overseas lithium resources.
At present, the total output of the three factories (Ya’an Lithium Industry, Aba Zhongsheng, and Meishan Xinpin) is 37,000 tons, of which the Ya’an Phase I project of 30,000 tons of battery-grade lithium hydroxide has started. At the beginning of the year, it signed a supply contract with Tesla. From 2021 to 2025, it will purchase battery-grade lithium hydroxide worth 630-880 million US dollars in total.
Total market value: 28.215 billion RMB
Company website: www.scyahua.com
Founded in 2017, Tianyuan’s operations include a recently built lithium processing plant near the port of Qinzhou in Guangxi. The plant is designed to convert up to 25,000 metric tons of LCE per year and is capable of producing battery-grade lithium carbonate and lithium hydroxide. Guangxi Tianyuan is one of the top 10 battery-grade lithium hydroxide manufacturers in the world mainly engaged in lithium hydroxide smelting, owns and operates a lithium conversion plant,
The designed annual conversion capacity is as high as 25,000 tons of LCE, which can produce battery-grade lithium carbonate and lithium hydroxide. On October 25, 2022, Albemarle announced that its subsidiary Albemarle Lithium UK Limited successfully completed the acquisition of Guangxi Tianyuan for US$200 million today. Before the acquisition of Albemarle, SVOLT Energy held a 49% stake in Guangxi Tianyuan.
Registered capital: 54 million US dollars
Livent’s roots in the lithium market go back to the 1940s, when Lithium Corporation of America worked closely with the United States government on developing useful applications for Lithium. 60 years of experience producing superior quality lithium products, Beyond innovation in lithium applications, Livent has also been a leader in lithium extraction and purification technology.
Livent as one of the top 10 battery-grade lithium hydroxide manufacturers in the world The main raw materials and research fields are: Lithium hydroxide and lithium carbonate (energy storage – EV), butyllithium (tyres, pharmaceuticals), high-purity lithium metal (long-lasting batteries for pacemakers and aviation).
In addition, Livent also plans to add 15,000 tons of lithium hydroxide production capacity in China, which is expected to be mechanically completed by the end of 2023. The Nemaska project in Canada is expected to have 34,000 tons of battery-grade lithium hydroxide production capacity, with the first meaningful production planned for 2026.
Total market value: 4.10 billion USD
Company website: https://livent.com/
Founded in Suzhou in 1997, Canmax is a leading enterprise in the field of static electricity and micro-pollution prevention and control in China. While the company focuses on the R&D, production and sales of anti-static and dust-free products, it also vigorously expands business in new energy, medical care, electronic functional materials, clean engineering and other fields. Products are widely used in semiconductor, storage, new display, communication equipment, medicine, aerospace and other fields.
Bind leading in top 10 lithium ion battery manufacturers in China CATL, sprint to the world’s first lithium hydroxide. Tianyi Lithium Industry, a subsidiary of Canmax, currently has a production capacity of 20,000 tons of lithium hydroxide, and is also one of the top 10 battery-grade lithium hydroxide manufacturers in the world, it is planned to expand production by 25,000 tons by the end of 2021, and it is expected that lithium hydroxide production capacity will reach 100,000 tons in 2024, surpassing ALB in the United States and ranking first in the world.
Total market value: 39.193 billion RMB
Company website: http://www.canmax.com.cn
SQM, a global mining company operating in northern Chile, it is a global leader in each of its five business lines: Specialty Plant Nutrition; Iodine and Derivatives; Lithium and Derivatives; Potassium and Solar Salts. SQM in top 10 battery-grade lithium hydroxide manufacturers in the world SQM produces lithium hydroxide in its Salar del Carmen plant, close to Antofagasta, Chile, from lithium carbonate that is produced at the same plant.
SQM and Wesfarmers are building their own lithium hydroxide plant in Kinana to process lithium from the Holland Hills lithium project being developed near the Southern Cross region. Previously, SQM had stated that it planned to build a lithium hydroxide processing plant in Sichuan, China, using lithium sulfate as a raw material to provide SQM with lithium hydroxide finishing in China.
Total market value: 22.68 billion USD dollars
Company website: https://www.sqm.com/
Tianqi Lithium in top 10 lithium salt enterprises in China is a leading new energy material enterprise in China and the world with lithium as the core, Tianqi Lithium’s business covers the key stages of the lithium industry chain, including the development of hard rock lithium resources, the processing and sales of lithium concentrates, and the production and sales of lithium chemical products.
Tianqi Lithium owns a majority stake in Greenbushes in Western Australia, one of the world’s largest lithium mines, and was the first operator to build a battery-grade lithium hydroxide refinery in Australia.
The company strategically deploys lithium resources in China, Australia and Chile, and has established partnerships with international customers by virtue of its vertically integrated global industrial chain advantages to jointly help the electric vehicle and energy storage industries achieve long-term sustainable development of lithium-ion battery technology.
Tianqi Lithium’s production line at the Shehong base has a production capacity of 5,000 tons per year, and another Kwanana plant is expected to reach the target of 24,000 tons per year of battery-grade lithium hydroxide in the fourth quarter of 2022. Now is one of the top 10 lithium hydroxide manufacturers in the world.
Total market value: 142.425 billion RMB
Company website: www.tianqilithium.com
Chengxin Lithium Group Co., Ltd. was established on December 29, 2001 with a registered capital of 865 million RMB. Chengxin Lithium’s main business is the production and sales of new energy lithium battery materials. The main products are lithium concentrate, lithium carbonate, lithium hydroxide, lithium chloride, and lithium metal.
Chengxin Lithium in top 10 battery grade lithium hydroxide manufacturers in the world The company has four production bases for lithium products around the world: (1) Zhiyuan Lithium has established an annual production capacity of 40,000 tons of lithium salt (including 25,000 tons of lithium carbonate and 15,000 tons of lithium hydroxide);
(2) Suining Shengxin has built an annual production capacity of 30,000 tons of lithium hydroxide; (3) Indonesia Shengtuo has a designed production capacity of 60,000 tons of lithium salt per year. It is currently under construction and is expected to be completed and put into operation in 2023; (4) The designed production capacity of Chengxin Lithium is to produce 1,000 tons of lithium metal per year. Currently, a production capacity of 400 tons has been built, and the remaining production capacity is under active construction.
General Lithium’s lithium product business technology is advanced and mature, and its products are mainly used in lithium-ion power batteries, energy storage, petrochemical, pharmaceutical and other fields. With the rapid development of the global new energy vehicles and energy storage industries, the market demand for lithium products is strong, which provides the company with huge market space and development opportunities.
Total market value: 36.275 billion RMB
Company website: www.cxlithium.com
General Lithium is one of the top 10 battery grade lithium hydroxide manufacturers in the world, established in 2006 and established in June 2018 with a registered capital of 650 million RMB. The annual output of 60,000 tons of battery-grade lithium carbonate and 68,000 tons of battery-grade lithium hydroxide monohydrate project constructed by General Lithium is located in Yidu Park, Yichang Chemical Industry Park, covering an area of 329 mu, with a total investment of 1.6 billion RMB.
General Lithium is mainly engaged in the R&D, production and sales of deep-processed lithium products. The main products are battery-grade lithium carbonate and battery-grade lithium hydroxide, which are the key materials necessary for lithium-ion battery cathode materials such as ternary materials, lithium iron phosphate, and lithium cobalt oxide，and finally applied to lithium-ion battery products such as power batteries, energy storage batteries, and consumer batteries.
Total market value: 2.5 billion RMB
Company website: www.generallithium.com
The above is the introduction of top 10 battery grade lithium hydroxide manufacturers in the world.