CIBF2018: Things we learned
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
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
Increasing demand for lithium hydroxide
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
Demand for graphite, another raw material of battery anodes,
is also expected to grow, supported by the development of new
More anode materials producers have planned to expand
production to meet this increasing demand.