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- August 4, 2022
- battery industry, battery materials, top battery list
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- 04 mins
Top 5 lithium hydroxide manufacturers in China in 2022
1. Top 5 lithium hydroxide manufacturers in China in 2022
According to the data, the market share of Chinese top 5 lithium hydroxide production enterprises is 62%, which is relatively concentrated compared with the lithium carbonate market structure. Among them, Ganfeng is still in the leading position in the industry with its own competitive advantages, accounting for 24% of the lithium hydroxide market. What are the top 5 lithium hydroxide manufacturers in China in 2022? Let’s take a look.
1. Ganfeng
Established: 2000
Company location: Jiangxi
Total market value: 179.6 billion RMB
Official website: http://www.ganfenglithium.com
Company profile: The business covers the entire industrial chain of resource mining, refining and processing, battery manufacturing and recycling, and its products are widely used in electric vehicles, energy storage, 3C products, chemicals and pharmaceuticals. The Group’s lithium ore resources are all over the world, and it has industrialized technologies of “extraction of lithium from brine”, “extraction of lithium from ore” and “extraction of lithium from recycling”.
The production capacity of lithium compounds and lithium metal is sufficient, and there are many production bases in China and the world. Battery manufacturing and recycling technology, providing value-added solutions for battery manufacturers and electric vehicle manufacturers. Thus this company becomes one of top 5 lithium hydroxide manufacturers in China.
Latest news and related layout: Ganfeng’s new lithium battery technology industrial park and advanced battery research institute project officially started, planning to form a 10GWh (gigawatt hour) battery production capacity and a 10GWh Pack project, and plan to build Chineselargest solid-state battery production base.
2. V&T
Established: 2006
Company location: Shenzhen
Total market value: 2.891 billion
Official website: http://www.v-t.net.cn
Company profile: It is a company with completely independent intellectual property rights, specializing in the research and development, manufacturing, sales and service of photovoltaic inverter series, elevator control series, medium and low voltage inverters, electric vehicle motor controllers, inverters and other power electronic products, which is a national high-tech enterprise and software enterprise, as one of Chinese top 10 inverter companies.
Its products have been widely used in metallurgy, lifting, petroleum, chemical, machine tools, electric vehicles and other industries. In this way, it becomes one of top 5 lithium hydroxide manufacturers in China.
Latest news and related layout: V&T’s share repurchase plan has been implemented, and a total of 1,316,100 company shares have been repurchased, with a total amount of 15,008,200 yuan.
3. Albemarle
Established: 2002
Company location: Shanghai
Registered capital: 13.5 million RMB
Official website: https://www.albemarle.com/
Company profile: A world specialty chemicals company with a leadership position in lithium, bromine and refining catalysts. Headquartered in Virginia, the company has about 4,000 employees, and its main businesses include polymer chemicals, fine chemical products, etc. It has a special production line for DETDA with a production capacity of 15,000 tons and a world market share of more than 20%, which is one of top 5 lithium hydroxide manufacturers in China.
Latest news and related layout: Albemarle builds a capacity of 300,000 tons/year of lithium iron phosphate cathode materials, 200,000 tons/year of ternary cathode materials, 520,000 tons/year of anode materials, and 20GWh of power batteries, etc., and has initially formed a relatively complete lithium battery industry chain.
4. Tyee
Established: 2018
Company location: Sichuan
Registered capital: 70000
Official website: http://www.tyeeli.com/
Company profile: A joint venture company jointly invested by CATL and Suzhou TA&A Ultra Clean Technology Co., Ltd., with more than 700 employees. Engaged in the research, development, manufacturing and sales of battery-grade lithium hydroxide and other lithium battery material products, which are used in new energy vehicles and energy storage. Its 20,000-ton/year battery-grade lithium hydroxide project started in September 2019 and completed trial production in August 2020. Tyee is one of top 5 lithium hydroxide manufacturers in China.
Latest news and related layout: Tyee mainly produces battery-grade lithium hydroxide products and supplies them to upstream cathode material manufacturers of lithium batteries.
5. Yahua
Established: 2001
Company location: Sichuan
Total market value: 32.94 billion RMB
Official website: http://www.scyahua.com
Company profile: Yahua Lithium is specialized in the R&D, manufacturing, sales and trade of lithium salt products. Now it has a comprehensive production capacity of 43,000 tons of lithium salt products and is one of the main suppliers of lithium salt products in the world. In 2021, the construction of a project with an annual output of 50,000 tons of battery-grade lithium hydroxide, 11,000 tons of lithium chloride and its products has been launched.
After the completion of the project, the comprehensive production capacity of Yahua Lithium Industry will exceed 100,000 tons. Its various products are widely used in battery, metallurgy, petrochemical and other industries. And it has become one of top 5 lithium hydroxide manufacturers in China.
Latest news and related layout: Yahua obtained the IATF 16949:2016 system certification, marking the company’s battery-grade lithium hydroxide monohydrate products officially obtained the pass to enter the automotive market.
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