CIBF2018: Things we learned

By Carrie Shi
Published: Thursday, 28 June 2018

Industrial Minerals looks at the three key things we learned at the China International Battery Fair (CIBF) 2018 biennial conference in Shenzhen, China on May 22-24.

Battery producers aim to move to high-nickel content batteries

China’s 2018 new energy vehicle (NEV) subsidies prioritize pure electric vehicles with higher driving ranges and energy densities while canceling subsidies for vehicles with ranges of below 150km.

That has prompted most battery producers to shift operations to higher nickel-content nickel, manganese, cobalt (NMC) cathodes in batteries, which have increased battery energy density and lifespan compared with other cathodes used in batteries such as LFP (lithium iron phosphate).

Higher driving ranges and energy density have become the most popular development trend; with the support of national policies in the long run, battery enterprises will be optimized.

Increasing demand for lithium hydroxide expected

China’s aim to support the development of high-nickel content cathode materials will cause demand for lithium hydroxide to increase accordingly because it is one of the most important raw materials of these batteries.

As lithium is one of the key materials for battery materials, demand will increase in the coming years. In addition, demand for lithium hydroxide will exceed lithium carbonate in the future supported by the development of high-nickel contend batteries," a lithium producer told Industrial Minerals during the conference.

EV demand will boost graphite requirements

Demand for graphite, another raw material of battery anodes, is also expected to grow, supported by the development of new energy vehicles.

More anode materials producers have planned to expand production to meet this increasing demand.