Lithium manganate relies on price advantages to "come back", domestic annual output is expected to reach 55,000 tons

According to statistics from ICC Xinju Information, the domestic production of lithium manganate in 2018 is expected to reach 55,000 tons, a year-on-year increase of 57% compared to 2017.



Earlier in August, the editor had predicted in the article that domestic lithium manganate production will be close to lithium iron phosphate in 2018. Even if the lithium iron phosphate market makes a comeback in the second half of this year, the rapid rise of lithium manganate still overwhelms the positive electrode. The other three varieties of materials have sprung up.



Under the dual use of new energy vehicle subsidies and market promotion, among the three major power lithium-ion battery systems, the price advantages of lithium manganate will be particularly clear, especially this year`s sharp drop in the price of lithium carbonate. The price advantage of lithium has become more prominent. As of press time, the price of low-end lithium manganate in the market is 32,000-3.5 million yuan/ton, and the price of power-type lithium manganate is 52,000 yuan/ton.



This year, the domestic lithium manganese oxide can explode rapidly. It is important to show the following aspects at present:



1. The performance of lithium manganate products has been greatly improved. The energy density of lithium manganate batteries in pure electric buses exceeds 115wh/kg. This has changed the previous view that lithium manganate energy density is low in the market, and the SOC cycle of several lithium manganate batteries such as Mengculi and Xingheng It can reach 2000C, which is almost the same as the ternary system.



2. Due to the high price of ternary materials before, many lithium-ion battery manufacturers have doped lithium manganate in their processing in order to reduce costs in the past two years. According to investigations, among the domestic production of more than 50,000 tons of lithium manganate this year, The ratio of doping for ternary materials is as high as 70-80%.



3. Rapid expansion in low-end digital and power markets. Many flashlights, electric fans, and power banks on the market are processed by pure lithium manganate batteries.



4. The scope of use has gradually expanded, such as: electric bicycles and scooters for the elderly have also begun to be involved.



In addition, it can be seen that the industrial concentration of domestic lithium manganate manufacturers in 2018 is still not high, and in terms of output, the key companies that have increased rapidly this year are CITIC Dameng, Guizhou Pipi, etc. The differentiation of China is gradually emerging, and competition will become fiercer.