Top 10 vanadium battery factories in China in 2022
1. Top 10 vanadium battery factories in China in 2022
In recent years, many core projects, including Dalian flow battery energy storage and peak shaving power plants, have been making continuous efforts to reduce costs and improve efficiency. The cost of vanadium battery continues to fall. In addition, with the continuous expansion of new energy storage market demand, the vanadium battery industry represented by all-vanadium redox flow batteries has been more and more widely used.
For example, in wind power generation and photovoltaic power generation, the entire system has high index requirements for battery power and capacity life. Vanadium batteries are the best dynamic energy storage batteries.
In particular, all-vanadium redox flow batteries with increasingly high technical content have broad prospects in many application scenarios such as power grid peak regulation, emergency power generation devices, and vehicle power supply. There are also some companies in China that have developed very well in the field of vanadium batteries. We can take a look at the top 10 vanadium battery factories in China.
1. Pangang
Established: 1993
Company location: Sichuan
Total market value: 52.56 billion RMB
Official website: http://www.pgvt.cn
Company profile: The company’s main business includes vanadium, titanium, and electricity three major sectors, of which vanadium and titanium sector is the company’s strategic key development business, mainly vanadium products, technology research and development and application development.
The company is China’s largest vanadium producer and also has an important position in China’s titanium field. The company is one of the few enterprises in China with the production capacity of chlorinated titanium dioxide. It is one of the top 10 vanadium battery factories in China.
Latest News: Pangang has successively developed and operated MES systems, which are mainly used in production fields such as titanium slag smelting production, vanadium product production, and sulfuric acid titanium dioxide production.
2. HBIS
Established: 1997
Company location: Hebei
Total market value: 26.33 billion RMB
Official website: http://www.hebgtgf.com
Company profile: The company’s main business is smelting and processing of ferrous metals. The company’s main products include bars, wires, profiles, hot-rolled strips, hot-rolled sheets, vanadium-nitrogen alloys, vanadium-iron alloys and other series.
The company is a world leader in vanadium-titanium smelting and vanadium product production technology. It has the most complete varieties and specifications of bars, hot and cold rolled sheets and deep processing capabilities. HBIS is also one of the top 10 vanadium battery factories in China.
Latest layout: HBIS plans to build the second phase of the Laoting Iron and Steel Base Project, with a production scale of 4.05 million tons/year for iron and steel rolling.
3. Mingxing
Established: 1988
Company location: Sichuan
Total market value: 4.033 billion RMB
Official website: http://www.mxdl.com.cn
Company profile: The company’s main products are electricity, tap water, and construction. It has a complete power supply network and water supply network. Mainly engaged in the production and supply of electricity, tap water and natural gas, the industry involves the development of mineral resources, sales of electric power materials, construction of hydropower projects, etc.
It is an important energy and public utility enterprise. The company’s proven ore resources are 9.738 million tons, and vanadium pentoxide resources are 73,315 tons. Not only that, it is one of the top 10 vanadium battery factories in China.
Latest layout: Mingxing visits service investment companies to develop more business about vanadium battery.
4. Yicheng
Established: 1997
Company location: Henan
Total market value: 12.3 billion RMB
Official website: http://www.ycne.com.cn
Company profile: The company’s main business is the operation of high-efficiency monocrystalline silicon cells, lithium batteries, and solar power plants, as well as the production and sales of ultra-high-power graphite electrodes and anode materials. The company’s main products are silicon wafer cutting, photovoltaic engineering, graphite, and solar cells. The all-vanadium redox flow battery project is under preparation, with a total investment of 194.2165 million RMB.
After the project is completed, the production scale of all-vanadium redox flow battery stacks of 300MW/year can be realized. Meanwhile, Yicheng is one of the top 10 vanadium battery factories in China.
Latest layout: Yicheng plans to invest in the establishment of two wholly-owned subsidiaries with the purpose of reviving the high-end anode material industry.
5. Zhiguang
Established: 1994
Company location: Guangdong
Total market value: 9.304 billion RMB
Official website: http://www.gzzg.com.cn
Company profile: The company’s main business is power electronics technology research and product application, integrated energy service overall solutions, and industrial investment in energy technology and services. The company’s main products include power electronic products, power equipment, energy-saving services, and electricity services.
The company’s 12-inch chips focus on high-precision digital-to-analog conversion chips, high-end power management chips, optical sensors, automotive and biological sensor chips and other high-end analog chip manufacturing. Meanwhile, Zhiguang is one of the top 10 vanadium battery factories in China.
Latest layout: Zhiguang energy storage system integrated production line expansion project is the first phase of the company’s 12GWh energy storage system integrated production line construction project. It is planned to complete all project construction and officially put into operation before December 31, 2022, and can be added after completion. About 1.5GWh of cascaded energy storage system integrated capacity.
6. GPRO
Established: 1989
Company location: Jilin
Total market value: 4.53 billion RMB
Official website: http://www.nthcl.com
Company profile: The company is the largest vanadium producer in China. Its products are widely used in iron and steel industry, electronic industry, non-ferrous metals and paint ink and other fields. The company can realize the coordinated development of the vanadium-titanium industry chain and the steel industry chain, and has also built a 300,000-ton/year sulfuric acid production line. GPRO is one of the top 10 vanadium battery factories in China.
Latest layout: Jiangxi Gold Lithium plans to purchase battery-grade iron phosphate from GPRO during 2023-2025 to develop new energy battery materials.
7. LB
Established: 1998
Company location: Henan
Total market value: 42.81 billion RMB
Official website: http://www.billionschem.com
Company profile: LB is a large-scale diversified enterprise dedicated to the R&D and manufacturing of new materials such as titanium, zirconium, and lithium. At present, the group’s titanium industry has been deployed in various regions of China. It has formed a green whole industry system from the mining and processing of titanium minerals to the manufacture of titanium dioxide and titanium metal.
Meanwhile, the company aims to develop more in the manufacturing fields of titanium zirconium metal, lithium battery materials, and zirconium materials. LB is one of the top 10 vanadium battery factories in China.
Latest layout: LB plans titanium dioxide production capacity to exceed 1.5 million tons/year, sponge titanium and titanium alloy production capacity of 80,000-100,000 tons/year, and lithium battery material production capacity of 400,000 tons/year
8. CHTi
Established: 2001
Company location: Gansu
Total market value: 25.88 billion RMB
Official website: http://www.zhtb.com
Company profile: The company is currently building a circular economy industrial chain of “sulfur-phosphorus-iron-titanium-lithium” centered on the main business of titanium dioxide, focusing on four major business sectors: resources, chemicals, new materials and new energy. CHTi has formed three production bases in Gansu Baiyin, Gansu Jiayuguan and Anhui Ma’anshan.
The company has a comprehensive layout of the upstream and downstream of the industrial chain to build the most competitive lithium iron phosphate production base. As for lithium iron phosphate battery, we can check the article of top 10 lithium iron phosphate power battery manufacturers in China to find the competitive factories. At the same time, the company is one of the top 10 vanadium battery factories in China.
Latest layout: CHTi and Shengjia Company invested in the establishment of Gansu Zetong Weili De Vanadium Materials Co., Ltd. to jointly promote the development of vanadium ore resources, the manufacture of vanadium electrolyte and the implementation of related supporting projects.
9. Anning
Established: 1994
Company location: Sichuan
Total market value: 15.24 billion RMB
Official website: http://www.scantt.com
Company profile: The company’s main business is the mining, washing and sales of vanadium-titanium-magnetite, and its main products are vanadium-titanium-iron concentrate and titanium concentrate. This company is an important supplier and leading enterprise of titanium concentrate in China, and the recovery rate of titanium metal is in the leading position in the industry.
Anning is committed to the comprehensive utilization of vanadium-titanium magnetite, and has technical reserves in the comprehensive utilization of vanadium. At present, the company’s products are vanadium-titanium-iron concentrate and titanium concentrate. It is one of the top 10 vanadium battery factories in China.
Latest layout: Anning has signed 4 key projects in the new energy battery industry to accelerate the creation of a green new energy battery industry cluster.
10. Western Mining
Established: 2000
Company location: Qinghai
Total market value: 26.21 billion RMB
Official website: http://www.westmining.com
Company profile: The company’s main business is engaged in the mining, smelting and trading of basic non-ferrous and ferrous metals such as copper, lead, zinc and iron. It is a large-scale mining company engaged in the mining of lead, zinc, copper, aluminum, gold, silver and other minerals and the production of alloy products. Western Mining now has a large-scale copper mining and processing capacity of 20 million tons per year.
At the same time, it has also formed a smelting system with a capacity of 150,000 tons of copper and 100,000 tons of lead and zinc each. The company is mainly engaged in the mining, smelting and trading of basic metals such as copper, lead, zinc, nickel, vanadium, molybdenum and iron. Western Mining is one of the top 10 vanadium battery factories in China.
Latest layout: Western Mining develops and researches environmentally friendly vanadium series products, extends the vanadium industry chain, and aims to build an important vanadium industry base in the northwest region.
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