Top 10 LMR cathode material manufacturers in China
With the development of society, electric vehicles, consumer electronic products, energy storage devices, etc. have put forward higher requirements for the energy density of lithium ion battery.
Therefore, it also drives the power battery technology path to diversified development and accelerates the iterative innovation of materials. After lithium and cobalt, manganese based cathode materials are ushering in the second wave of peak demand.
Although the current application of manganese in lithium cathode materials is mainly lithium manganate and nickel cobalt lithium manganate, with the rapid development of lithium rich manganese based technology, LMR is expected to become an important supplement to the cathode material market.
Compared with commercial cathode materials LMO, LFP, LCO, NCM and NCA, LMR has higher energy density. LMR is different from traditional layered materials. Its charge discharge process involves not only the redox reaction of transition metal ions, but also the charge compensation reaction of oxygen anions.
The morphology and microstructure of its precursors have a very important impact on its final electrochemical performance. Common precursor synthesis methods include coprecipitation, sol gel and hydrothermal methods, but only coprecipitation is suitable for large-scale applications. This article will introduce the top 10 LMR cathode material manufacturers in China.
Top 10 LMR cathode material manufacturers in China
Ronbay Technology
Established time: September 18, 2014
Location: Zhejiang, China
Company file:
Ronbay Technology is one of the top 10 LMR cathode material manufacturers in China. It is a multinational group company in the high-tech new energy materials industry, specializing in the R & D, production and sales of positive electrode materials for lithium batteries.
The company has established long-term cooperative relations with customers such as CATL, BYD, Lishen, etc. to provide cutting-edge high-energy density products of such global mainstream power battery manufacturers with ternary positive electrode materials with stable product performance and mature preparation technology.
Main products:
The company is mainly engaged in the professional research and development of positive electrode materials for lithium batteries.
Recent news:
Recently, Ronbay Technology announced that the company signed a purchase agreement with Lygent. From November 2022 to December 2026, Lygent, as the core supplier of the company’s nickel cobalt wet intermediates (MHP) and nickel sulfate, steadily supplied 20% of the total annual shipment of battery nickel cobalt products (MHP or nickel sulfate, cobalt sulfate) to the company every year.
Company website: http://www.ronbaymat.com
Total market value: 45.314 billion RMB
Easpring
Established time: June 3, 1998
Location: Beijing, China
Company file:
Easpring is the first Chinese company listed with lithium battery cathode materials as its main business. The positive material products of the company are widely used in power, energy storage and digital fields.
They are supplied in large quantities to lithium battery giants and automotive companies in China, Japan, South Korea, Europe, the United States and other countries and regions. The market share of high-end power battery materials in the world continues to rise.
As one of the top 10 LMR cathode material manufacturers in China, the company has developed into one of the companies integrating independent innovation, achievement transformation and industrial operation in the field of lithium battery positive materials and intelligent equipment.
Main products:
Lithium battery cathode materials related products.
Recent news:
On December 2, 2022, Easpring issued two investment announcements in succession, proposing to vigorously deploy new energy cathode material projects in Sichuan, China, with a total investment of 17 billion RMB.
The first phase of the project is planned to invest 7 billion RMB, and is expected to be completed and put into production before December 31, 2028. In the long term, it is planned to build another production line with an annual output of 200000 tons of lithium iron phosphate (manganese).
Company website: http://www.easpring.com
Total market value: 31.808 billion RMB
ZEC
Established time: June 24, 2009
Location: Guizhou, China
Company file:
ZEC is one of the top 10 LMR cathode material manufacturers in China. It was founded in April 2004. Since its establishment, ZEC has focused on the research, development, production and sales of lithium ion battery cathode materials, mainly providing lithium ion battery cathode materials for new energy vehicles and 3C consumer electronics.
Cathode materials used in the field of new energy vehicles, covering various types of primary grain large single crystal lithium nickel cobalt manganate ternary cathode materials (NCM) including medium nickel, medium high nickel and high nickel, are the core competitive products of the company.
Cathode materials for consumer electronics mainly include high voltage lithium cobalate, composite ternary cathode materials and ternary cathode materials with large single crystals of primary particles. At present, the company has built a positive material production line with an annual output of 50000 tons.
Main products:
Lithium cobalate, composite ternary, nickel cobalt manganese ternary, nickel manganese binary, etc.
Company website: http://zh-echem.com
Registered capital: 300 million RMB
CNGR
Established time: September 15, 2014
Location: Guizhou, China
Company file:
CNGR is a professional comprehensive service provider of new energy materials for lithium batteries, which belongs to the field of new materials and new energy in China’s strategic emerging industries. CNGR has reached strategic cooperation with dozens of well-known companies around the world.
The core products independently developed by the company, such as high-voltage cobalt tetroxide, high nickel NCM and NCA, have entered the high-end supply chain of the world’s top 500 companies in China, Europe, the United States, Japan and South Korea, and are widely used in the 3C digital field, power field and energy storage field.
Main products:
The company focuses on R & D in the field of new energy materials, continues to increase R & D investment, and takes a full series of ternary precursors with high nickel and low cobalt, high voltage cobalt tetroxide, comprehensive recycling, raw material smelting, and material manufacturing equipment as its main R & D directions. Products include a full range of ternary precursors, high-voltage cobalt tetroxide, binary and multivariate precursors.
Recent news:
On the morning of November 24, 2022, CNGR signed an investment memorandum of understanding with POSCO Municipal Government of South Korea. Both parties have determined that the land for the project target in Poshang City is 415294 square meters. CNGR will establish a world leading lithium battery cathode material precursor and battery grade nickel sulfate factory in Yingriwan Industrial Park, South Korea.
Company website: http://www.cngrgf.com.cn
Total market value: 56.943 billion RMB
HENDERA
Established time: August 1, 2000
Location: Yunnan, China
Company file:
HENDERA is a Chinese high-tech company integrating research and development, product design, processing and manufacturing, product sales and technical services of new non-ferrous metal materials.
It has developed into a leading company in the field of research and development, production and manufacturing, and technical services of electrode materials and new energy storage materials. Our products are mainly sold to Africa, America, Mexico and Southeast Asia.
Main products:
Anode series products, cathode series products, auxiliary accessories and equipment, etc.
Company website: http://www.hendera.com
Total market value: 1.596 billion RMB
Tianyuan Group
Established time: January 1, 1994
Location: Sichuan, China
Company file:
Founded in 1944, Tianyuan Group is committed to creating a super large comprehensive modern company group with new materials and new energy industry as its core business. The company’s industries involve chlor alkali chemical industry, titanium chemical industry, new materials, new energy, environmental protection industry, R&D design, supply chain management and other fields.
Main industry:
Chlor alkali chemical industry, new material industry, new energy advanced chemical battery and material industry, environmental protection industry, etc.
Company website: http://www.ybty.com
Total market value: 7.522 billion RMB
DFD
Established time: December 1, 2010
Location: Henan, China
Company file:
DFD is one of the top 10 LMR cathode material manufacturers in China. It is a high-tech company specializing in the production and development of new lithium-ion batteries, raw materials, modules, automotive battery packs and other products.
Its products are widely used in electric bicycles, electric vehicles, mobile communication equipment, electric tools, solar photovoltaic and wind power storage, intelligent power grid energy storage, intelligent building energy storage and power supply, mobile communication base stations, UPS, portable mobile power supply and many other fields.
Main products:
Lithium ion battery electrolyte, lithium manganate materials, ternary materials, high safety non-woven materials, etc.
Company website: http://www.dfdxny.com
Registered capital: 1661.63 million RMB
JSMC
Established time: May 11, 1995
Location: Jiangxi, China
Company file:
JSMC is a Chinese high-tech company integrating R&D, production and sales of intelligent motor products and lithium products. More than 30 subsidiaries and branches are located in Jiangxi, Tianjin, Zhejiang and other provinces and cities in China, as well as Germany, Japan and other regions. Their business covers electrical machinery, lithium mining and deep processing industries.
The company vigorously develops the lithium industry, and holds or controls more than 100 million tons of lithium mineral resources in total, with large resource reserves. The company has four production lines for preparing lithium carbonate and lithium hydroxide from lepidolite and spodumene, with an annual capacity of more than 30000 tons.
Main products:
The company’s industrial fields mainly include lithium industry and intelligent electromechanical industry.
Company website: http://www.jiangte.com.cn
Total market value: 33.034 billion RMB
Huayou Cobalt
Established time: May 22, 2002
Location: Zhejiang, China
Company file:
Being one of the top 10 LMR cathode material manufacturers in China, Huayou Cobalt is a high-tech company engaged in R & D and manufacturing of new energy lithium battery materials and cobalt new materials. After 20 years of development, the company has completed the spatial layout of the headquarters in Tongxiang, the resource guarantee and market in the world, and the manufacturing base in China.
It has formed three business segments of resources, new materials and new energy, and created a new energy lithium battery industry ecology from the development and smelting of cobalt and nickel resources, to the deep processing of lithium battery cathode materials, and then to the recycling and utilization of resources.
Main products:
The main products include cobalt series, copper series, cobalt new materials, lithium new materials, etc.
Recent news:
On November 27, 2022, VALE and Huayou Cobalt held a foundation laying ceremony to start the development of Pomalaa mining area project. The project is located in Kolaka County, Sulawesi Province, Southeast Indonesia, and will be operated by PT Kolaka Nickel Indonesia. The total investment of the project (including high-pressure acid leaching smelter and mine) is expected to reach IDR67.5 trillion (about 30.5 billion RMB).
Company website: http://www.huayou.com
Total market value: 116.664 billion RMB
HANYAO
Established time: November 7, 2017
Location: Yinchuan, China
Company file:
Founded in November 2017, HANYAO is a high-tech company in China. Relying on low cobalt ternary materials, cobalt free binary materials, lithium rich manganese based materials and their supporting precursors, the company is widely used in lithium-ion battery cells. The terminal market is consumer electronics, electric tools, electric two wheeled vehicles, energy storage, electric vehicles and other fields.
The company’s cathode material project has a design capacity of 60000 tons/year, and the precursor project has a design capacity of 50000 tons/year. It has the production capacity of 12000 tons of lithium ion battery cathode materials.
As one of the top 10 LMR cathode material manufacturers in China, the company actively laid out lithium battery recycling business, and formed a closed loop industrial chain of green and environment-friendly lithium-ion battery materials through the joint development of cathode materials, precursors and lithium battery recycling.
Main products:
Low cobalt ternary materials, cobalt free binary materials, lithium rich manganese based materials and their supporting precursors.
Recent news:
Recently, HANYAO completed several hundred million yuan round B financing, which was jointly led by Hongtai Fund. This round of funds will be used for research and development, technological innovation and production base expansion of lithium rich manganese base and low cobalt ternary cathode materials.
Registered capital: 52.2548758 million RMB
