Longpan Technology 62,500 tons of lithium iron phosphate project held a full production ceremony

Shandong Lithium Source was invested and constructed by Longpan Technology, and the iron phosphate and lithium iron phosphate projects were put into full production, which is in line with the rapid growth of the market demand for lithium iron phosphate batteries at present.

At the power end, mainstream new energy vehicle companies have made clear the path of lithium iron phosphate batteries. In the first half of this year, the proportion of lithium iron phosphate batteries installed has increased to more than 70%. Market share is expected to further improve the room.

At the energy storage end, driven by the growth of power storage and industrial and commercial energy storage markets, shipments of lithium energy storage batteries in China reached 87GWh in 2023H1, an increase of 67% over the same period last year, which significantly boosted the market demand for lithium iron phosphate batteries.

Shi Junfeng, chairman of Longpan Technology, said in his speech that the rapid full production of Shandong lithium source iron phosphate and lithium iron phosphate project and the release of "Regeneration No. 1" Z series of new products are another important sign that Longpan Technology continues to improve the supply and guarantee ability in the field of positive electrode materials and constantly create high-quality positive electrode material products.

With the popularity of new energy vehicles, the new energy power batteries loaded in the previous round are about to enter the peak of scrapping, and the recycling of new energy power batteries has become an important part. According to market forecasts, by 2030, the power battery recycling market space will exceed 100 billion.

Lu Congjiang, general manager of Longpan Technology Shandong Industrial Park, said that the "Regenerated No. 1" cathode material products are based on waste electrode sheets as raw materials, and are manufactured and produced by precise impurity removal and trace lithium replenishment technologies, so as to achieve the effect of resource recycling.

Compared with conventional technology, "Regeneration-1" has the advantages of short process flow, good batch consistency, high utilization rate of raw materials and low processing cost. At present, the Z series products of "Regenerated 1" have reached the performance equivalent to that of conventional LFP, and currently have the capacity of mass production.

The release of "Regeneration No. 1" also marks that Shandong Lithium Source's lithium iron phosphate anode material "No. 1 family" series product matrix is more powerful and complete.

In addition to the "Regenerated No. 1" Z series, the featured products of Lithium Source also include "Iron Lithium No. 1" T series, "Manganese Lithium No. 1" M series and "Endurance No. 1" S series, which have different performance characteristics and application fields to meet the needs of different scenarios.

"Iron lithium 1" has better low temperature performance, which can increase the discharge capacity retention rate of the battery from close to zero to 57% under the condition of -40 degrees; "Manganese lithium 1" lithium manganese iron phosphate cathode material, can greatly improve the energy density of the battery; The cycle performance of "Endurance No. 1" is better and can meet the endurance requirements of new energy vehicles.

At present, Longpan Technology's shipments in the field of lithium iron phosphate anode materials have been in the industry leader camp. The analysis believes that the Shandong lithium source project iron phosphate, lithium iron phosphate full production, and the release of "regeneration No. 1" will further consolidate the competitiveness of Longpan Technology in the field of lithium cathode materials.