Shipments of cathode lithium supplements continue to grow, with energy storage batteries and power batteries being the main demand end.

Lithium replenishing agent refers to a lithium-containing chemical reagent that replenishes lithium ions inside the battery before operation. It can be subdivided into two categories: positive electrode lithium replenishing agent and negative electrode lithium replenishing agent. Cathode lithium replenishing agent refers to the lithium replenishing agent used in the battery cathode system. It has the advantages of low production cost, simple production process, and high safety. It is widely used in the fields of energy storage batteries and power batteries.

The cathode lithium replenishing agent mainly includes lithium-rich compounds represented by lithium-rich lithium ferrite (LFO), lithium-rich lithium nickelate (LNO), binary lithium compounds represented by lithium oxide, and nano-Co/lithium oxide, fluorine Nanocomposites based on conversion reactions represented by lithium oxide. Currently, lithium-rich compounds are the representative products of cathode lithium replenishing agents. They have the advantages of simple production process, low operating cost, and good lithium replenishing effect. Lithium-rich lithium ferrite occupies a large share of the market. In the future, with the advancement of technology, the chemical stability and conductivity of lithium-rich compounds will be improved. By then, my country’s cathode lithium supplement industry will develop in a high-quality direction.

Cathode lithium replenishing agent is a battery additive and is widely used in the fields of energy storage batteries and power batteries. In the field of energy storage batteries, cathode lithium replenishing agents can improve the cycle life, capacity and energy density of energy storage batteries; in the field of power batteries, cathode lithium replenishing agents can be used in conjunction with silicon-based materials to replenish the lithium loss in the first cycle of the battery. At present, the power batteries produced by well-known Chinese car companies such as NIO and SAIC all use cathode lithium replenishing agents as the main method of cathode lithium replenishment.

According to the “2023-2028 China Cathode Lithium Supplement Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center , In recent years, my country’s cathode lithium supplement production capacity has continued to expand, and shipments have continued to grow. In 2022, my country’s cathode lithium supplement shipments will reach 2,600 tons. In the future, as operating costs continue to decrease, the prosperity of my country’s cathode lithium supplement industry will improve. It is expected that by 2025, my country’s cathode lithium supplement shipments will reach 21,000 tons.

There are many players in the cathode lithium supplement market in my country, mainly including Shenzhen Defang Nano Technology Co., Ltd., Guoxuan Hi-Tech Co., Ltd., Shenzhen BAK Power Battery Co., Ltd., Hunan Shanshan Energy Technology Co., Ltd., and Guizhou Anda Technology Energy Co., Ltd. Company, Shenghua New Materials Group Co., Ltd., Shenzhen Yanyi New Materials Co., Ltd., etc. Defang Nano is my country’s leading cathode lithium supplement company. In February 2023, the first phase of the company’s lithium ferrite lithium supplement project with an annual output of 20,000 tons was officially put into production.

Industry analysts said that cathode lithium supplements, as lithium battery additives, have broad application prospects and increasingly strong market demand. With technological advancement, the production cost of cathode lithium supplements in my country continues to decrease, driving its shipments to continue to grow. It is expected that in the future, as local companies continue to exert their efforts, the development speed of my country’s cathode lithium supplement industry will accelerate.