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Strong alliance between CATL & Weihua Cooperation on lithium salt

Large  Small Date:2020-07-03  From:ICC
Note: CATL plans to purchase 10,000MT battery-grade lithium carbonate and 3000MT lithium hydroxide from the company from July 2020 to June 2021.
ICC: There is a strong connection between raw material and downstream enterprises in lithium ion industry. According to news, Weihua Cooperation announced on the evening of July 2 that it signed "2020 Annual Long Contract" with CATL. CATL plans to purchase 10,000MT battery-grade lithium carbonate and 3000MT lithium hydroxide from the company from July 2020 to June 2021. 
 
According to ICCSINO, lithium carbonated is mainly applied during the production process of non-high nickel and LFP. Lithium hydroxide is applied on high nickel production. Currently CATL uses lithium hydroxide supplied by Ganfeng lithium, Albermarle etc. 
 
Guangdong Weihua Co., Ltd. was established on December 29, 2001, and is based in Shenzhen. It currently has a registered capital of 535 million yuan. In 2016, the company took a controlling stake in Zhiyuan Lithium by increasing capital, thereby forming a new energy materials business. Zhiyuan Lithium is mainly engaged in the research, development, production, and sales of basic lithium salt products. Its designed production capacity is 40,000 tons per year of battery-grade lithium carbonate, lithium hydroxide monohydrate and lithium chloride.



 
 
 
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