In this context, upstream enterprises seize the opportunity to extend the industrial chain and lay out the field of lithium copper foil. At the same time, leading companies such as Nord and Jiayuan Technology have also increased their production capacity.

Demand is rising, and products are in short supply.

In recent years, with the rapid development of electronics, new energy vehicles and 5G industries, the market demand for lithium-ion copper foil is increasing. According to GGII's investigation and statistics, in 2020, China's lithium battery copper foil shipments reached 654.38+0.46 million tons, a year-on-year increase of 654.38+07.8%.

While the demand is increasing, lithium copper foil also faces multiple barriers. Wang Hongyan, an analyst at Huaan Securities, said that the new capacity expansion cycle of lithium battery copper foil is long. According to the new projects of head enterprises, the expansion period of new capacity of lithium battery copper foil is basically about 2 -3 years. In addition, although domestic equipment enterprises are accelerating the domestic substitution of cathode rollers, the cathode rollers for producing ultra-thin lithium copper foil still rely on imports, and the tight supply of equipment further prolongs the capacity expansion cycle of lithium copper foil.

Edwiin.xuan said that lithium battery copper foil still has the characteristics of high technical difficulty, low input-output ratio, great environmental pressure, high expansion barrier, difficult release of production capacity and short-term difficulty in filling the gap between supply and demand, but it also reflects its huge market space in the future.

According to GGII data, it is estimated that the global demand for copper foil for lithium batteries in 20021year will be 380,000 tons, up 52% year-on-year. Among them, the demand for copper foil for power batteries was 240,000 tons, a year-on-year increase of 75%; By 2025, the global demand for copper foil for lithium batteries will reach 6.5438+0.09 million tons. It can be seen that the demand for copper foil for lithium batteries will triple in the next five years.

In fact, due to the continuous increase in demand for copper foil for lithium batteries, enterprises are basically in a state of full production, but the market is still in short supply, pushing up their prices. The data show that 8μm and 6μm copper foils have increased from 72,000 yuan/ton and 9 1.000 yuan/ton in the middle and low point in 2020 to 1 1.006 million yuan/ton and 1.225 million yuan this year.

The volume and price of products have risen, and the performance of related enterprises has increased substantially. Take Nord and Jiayuan Technology as examples. In the first three quarters of this year, the two companies achieved operating income of 3.236 billion yuan and 65.438+098.7 billion yuan respectively, up by 65.438+037.26% and 65.438+0.9 1% respectively. The net profit was 322 million yuan and 394 million yuan respectively, up by 2070. 12% and 238.38% respectively.

Upstream enterprise layout lithium-ion copper foil track

The market is hot, and upstream enterprises are eyeing the opportunity to cut into the lithium-ion copper foil track.

Liang Hai Co., Ltd., a leading copper processing enterprise, announced in June165438+1October this year that it plans to set up a holding subsidiary, Gansu Lianghai New Energy Materials Co., Ltd. in Lanzhou New District, Gansu Province, with an investment of 8.9 billion yuan to build a high-performance copper foil material project with an annual output of150,000 tons, which will be built in three phases with 50,000 tons each. It is expected that after the project is fully put into production at the end of 202

Baiyin Nonferrous also laid out a lithium-ion copper foil track on 20 18. The main body of the project is Gansu Defu New Materials Co., Ltd., and Baiyin Nonferrous Metals holds 37% of the shares. On June 20 19, the above-mentioned projects have been completed and put into production, with an annual production capacity of 12000 tons, and an annual production capacity of 30,000 tons will be formed by the end of 2002/kloc-0. 65438+On the evening of February 7th, Baiyin Nonferrous announced that the company plans to add170,000 tons/year on the basis of the aforementioned 30,000 tons/year production capacity to jointly build a 200,000 tons/year high-grade lithium-ion copper foil project.

It is reported that the main products of the above projects are electrolytic copper foil for 4.5μm and 6μm lithium batteries. Judging from the current lithium battery copper foil market, domestic power battery manufacturer Contemporary Anpu Technology Co., Ltd. has used 6μm lithium battery copper foil on a large scale; Mainstream manufacturers such as BYD, Guo Xuan Hi-Tech and Tianjin Li Shen are all using 6μm lithium copper foil.

The production capacity of head enterprises has increased.

Leading enterprises of lithium battery copper foil have expanded their production capacity.

Jiayuan Technology165438+1October 6 disclosed the plan for increasing the income, and planned to raise no more than 4.9 billion yuan for the high-performance lithium-ion copper foil project. The raised investment funds are mainly used to build high-performance lithium-ion copper foil and high-end electrolytic copper foil production lines in Guangdong, Shandong, Jiangxi and Fujian. 165438+ 10/0, Jiayuan Technology plans to build a high-end copper foil construction project with an annual output of 50,000 tons in Meixian County, Guangdong Province.

In June, Nord announced the plan of increasing the income, and planned to raise no more than 2.288 billion yuan for the electrolytic copper foil project of Qinghai high-performance ultra-thin lithium-ion battery and Huizhou power battery. After all the production is completed, the company will have an annual production capacity of 85,000 tons of lithium copper foil.

Chaohua Technology announced on February 1 day that it plans to invest122.6 billion yuan to build a lithium copper foil production base in Yulin City, Guangxi, and will build a high-precision electronic copper foil project with an annual output of 654.38+10,000 tons.