Guangdong Brunp Recycling Technology, a major Chinese lithium nickel cobalt manganese oxide (NCM) precursor and material manufacturer, plans to build a lithium-ion battery cathode active material (CAM) industrial park at Yichang in central China's Hubei province.
The project is designed to meet rapid developments in the new energy vehicle industry and power battery capacity expansions by its parent Contemporary Amperex Technology (CATL), the country's largest lithium-ion battery manufacturer.
The firm will invest no more than 32bn yuan ($4.9bn) to build the industrial park with a product chain extending from battery material recycling, lithium iron phosphate (LFP) and precursor, ternary cathode material and its precursor and graphite to phosphoric acid. Construction will take six years from 2022-27, with more details such as capacity of the project undisclosed.
Guangdong Brunp currently has an output capacity of 100,000 t/yr of NCM precursor and 20,000 t/yr of NCM material. It has invested in a high-pressure acid leaching project in Indonesia to produce mixed nickel-cobalt hydroxide precipitate, in partnership with Chinese cobalt refinery and battery material producer Green Eco-Manufacture (GEM) and domestic steel producer Tsingshan. The project is scheduled to launch in the first quarter of next year with capacity of 50,000 t/yr of nickel metal equivalent and 5,000 t/yr of cobalt metal equivalent. Brunp also recycles cobalt/nickel/lithium scrap into raw materials.
Read Full Story: https://www.argusmedia.com/en/news/2262697-chinas-brunp-to-build-cathode-material-industrial-park
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