Abstract: Liu Xianglie, President of Rongbai Technology Group, said: "Our South Korean cathode factory has built a production capacity of 20,000 tons, will soon build 40,000 tons, and is expected to have a production capacity of 60,000 tons by the end of the year. ”
The research delegation of China's battery new energy industry chain visited the Korean headquarters of Ronbay Technology/Chungju base
Battery 100 - Battery Network, April 26 (Lin Yin, South Korea, Chungju, South Korea) At present, the increasingly fierce competition in China's battery new energy market and the increasing expansion of the global new energy market are attracting more and more related enterprises to internationalize and seek new increments.
On the morning of April 24, the research group of China's battery new energy industry chain visited the South Korean headquarters of Rongbai Technology (688005) and exchanged views with Liu Xianglie, president of the group, He Chunhua, secretary of the chairman of the group, and other relevant leaders. On the afternoon of the 24th, the research delegation visited the Chungju base of Ronbay Technology in South Korea (Ronbay Korea JS cathode factory and EMT precursor factory), and exchanged views with the general manager of the manufacturing division, the general manager of the South Korean JS cathode factory, the general manager of the South Korean EMT factory, the secretary of the chairman of the group and other relevant leaders, and visited the factory.
Liu Xianglie, President of Rongbai Technology Group
During the discussion, Liu Xianglie introduced as a whole: "Our South Korean cathode factory has built a production capacity of 20,000 tons, will soon build 40,000 tons, and is expected to have a production capacity of 60,000 tons by the end of the year. ”
In August 2023, the construction of the second phase of 40,000 tons/year ternary materials and 20,000 tons/year phosphate project was officially launched, and the supporting 80,000 tons of precursor production capacity has also been planned.
The construction project of the company's Korean cathode material factory was started in September 2020, with a total area of 172 acres and a total construction area of nearly 150,000 square meters. The person in charge of Rongbai Technology's Chungju factory in South Korea further introduced. In July 2022, the first phase of the project was put into operation, and the second phase was completed in May 2023, the second phase of the project is expected to be put into operation in the fourth quarter of 2024, and the third phase of the project is expected to be completed and put into operation in 2025.
At present, including cathode materials, Ronbay Technology has taken the lead in completing the integrated layout of cathode, precursor and recycling in South Korea, and its production capacity not only covers China and South Korea, but also reaches potential markets such as Europe and North America.
In the view of the general manager of the EMT factory in South Korea, the Korean base of Rongbai Technology is more like a bridgehead for the company to go overseas, and will lead the company to go out more firmly.
During the exchange, Liu Xianglie revealed that in order to better serve customers, Rongbai Technology has set up an office in North America, initially built an operation team, started the site selection demonstration of the North American factory, and made positive progress in the site selection and construction of the European factory.
According to the person in charge of Ronbay Technology's South Korea Chungju Factory, the South Korean cathode material factory has achieved the milestone significance of Ronbay Technology's overseas production base from scratch, which is of great significance to the implementation of its internationalization strategy and effectively accelerates the cultivation of international customers. It is through the Korean cathode material project that Ronbay Technology has established important partnerships with world-renowned customers.
It is reported that with the endorsement of major customers, the production capacity of Rongbai Technology's South Korean cathode material factory continues to climb, and the current supply of customers exceeds demand.
In the near future, Ronbay Technology has received a new "olive branch" from SK On, the world's leading power battery manufacturer. On March 26, the two sides signed the "Memorandum of Cooperation" to carry out comprehensive and in-depth cooperation in the field of ternary and lithium manganese iron phosphate cathode. In addition, the two sides will also establish an irregular mutual visit mechanism to discuss and share the progress and results of project development, and will carry out all-round cooperation in other cutting-edge technology fields in the future to jointly promote the development of the new energy industry.
"Ronbay Technology and SK On are long-term partners, and the signing of this memorandum of understanding marks the further deepening of the cooperation between the two parties. Ronbay Technology said that based on the results of the joint development between the two parties, the company's product materials will be imported into SK On and its end customers, which is conducive to promoting the large-scale application of the company's cathode-related products in the power and energy storage markets of Japan, South Korea, Europe and the United States, and further enriching the company's global customer structure.
It is worth noting that solid-state batteries, which are regarded as the next generation of power batteries, are becoming the focus of attention in the market recently. Ronbay Technology is committed to the research and investment in the field of cutting-edge lithium battery technology, and has carried out the first release in the field of all-solid-state batteries. After years of continuous investment, it has achieved good results in the fields of high-nickel ternary cathode materials suitable for sulfide all-solid-state batteries, sulfide solid-state electrolytes and all-solid-state battery electrochemical systems. It is reported that the ternary cathode material developed by Ronbay Technology for sulfide all-solid-state batteries has been evaluated and fed back by a series of leading OEMs and battery cell factories at home and abroad, with leading performance.
Not only that, the battery network also learned that Ronbay Technology not only has a more systematic grasp of the battery chemistry knowledge system of all-solid-state batteries, but also actively cooperates with the upstream and downstream of the industrial chain in all-solid-state battery technology. According to public information, at present, Rongbai Technology has established close cooperative relations with the world's leading battery cell companies, Japanese OEMs, European and American OEMs and many domestic downstream customers, and has won unanimous praise from customers after batch supply, which is becoming a solid force to promote the industrialization of all-solid-state batteries and the wide application of all-solid-state batteries in various fields.
Of course, the outstanding achievements of Ronbay Technology in the solid-state field are only the tip of the iceberg of its strong strength. The layout and development of overseas markets for many years have also helped the sales scale of Rongbai Technology's products to continue to increase. According to the 2023 annual report of Ronbay Technology, in 2023, the company will ship about 100,000 tons of ternary materials, a year-on-year increase of 11%, and its global market share will remain the first in the industry for three consecutive years.
In 2023, while deepening its position as a "comprehensive supplier of cathode materials covering the whole market", Ronbay Technology will continue to iterate its development strategy and officially release its globalization strategy in August 2023. Ronbay Technology said that in 2024, with the industrialization of ternary high nickel, lithium manganese iron phosphate and the acceleration of customers in Europe, America, Japan and South Korea, the company's sales are expected to further break through, and the structure of domestic and foreign customers is expected to be further optimized. capacity construction and other work to achieve the full implementation of the globalization strategy and strengthen the company's position as the world's leading supplier of cathode materials.
In addition, on April 11, Ronbay Technology also emphasized in the investor conference call that according to the original text of the terms and the interpretation of the official website of the U.S. Department of Energy, the company's subsidiaries in South Korea and other overseas free trade agreement regions can meet the tax credit requirements of the U.S. Inflation Reduction Act, so that the company has obtained greater development opportunities in the high-value and high-growth North American market, and the company will more firmly promote the globalization strategy and will enter a new stage of development in the future.
【Research on China's battery new energy industry chain】
Since 2014, Zhongguancun New Battery Technology Innovation Alliance, Battery 100 Association, ABEC, Hairong.com, Battery Network, I Love Tram Network, and Energy Finance Network have insisted on carrying out the "China Battery New Energy Industry Chain Research Tour" activity for 11 consecutive years.
Over the past 11 years, the research team has traveled to 19 provinces across the country, researched and interviewed more than 100 listed companies or companies to be listed, as well as local governments, university institutions, etc., to gain an in-depth understanding of the layout and future development direction of enterprises and local industries. Suggestions such as capital docking, promote the promotion of the brand image of the research enterprises, promote the cooperation between enterprises, form relevant research reports and data analysis, etc., gain insight into the truth of the industry, feedback the voice of the industry, report typical cases, spread positive energy, attract and empower the local government, and work together with enterprises and localities in the whole industry chain to help China continue to maintain the strong development momentum of battery new energy and create a new era of green energy.