A few days ago,The Yichun Times New-type Lithium-ion Battery Manufacturing Base project invested and constructed by Ningde Times officially laid the foundation in Yichun Economic Development Zone. The first phase invested 13.5 billion yuan to build a 50GWh new-type lithium-ion battery manufacturing base project.After the completion of the Yichun Times project, it will become an important part of the global strategic layout of CATL, helping Yichun build a new energy all-green industry development system of “lithium resources-lithium battery materials-power batteries-electric vehicles” and create a green “Asian Lithium Capital” .
It is understood that in July this year, CATL signed a strategic cooperation framework agreement with Jiangxi Provincial Government and Yichun Municipal Government in Nanchang.
According to the agreement, the new lithium battery manufacturing base project of CATL is planned to settle in Yichun. Then in September, CATL announced that it signed a cooperation agreement with the Yichun Municipal Government. CATL will build a new lithium battery manufacturing base project in Yichun, with a planned land area of 1,300 acres and a total investment of about 13.5 billion yuan.
Yichun has abundant lepidolite resources. CATL’s investment in Yichun can obtain the convenience of upstream lithium resources and reduce production and transportation costs.
data shows that,Yichun has about 2.5 million tons of lithium oxide reserves currently proven to be used. At the same time, lepidolite one-step production of lithium carbonate technology has continuously achieved breakthroughs, which has gradually reduced the cost of mica lithium extraction.
Recently, CATL released its 2021Q3 financial report, and its net profit was 3.267 billion yuan, a year-on-year increase of 130.16%. In terms of overall revenue, revenue was 29.287 billion yuan, a year-on-year increase of 130.73%. The company’s revenue in the first three quarters was 73.362 billion yuan, a year-on-year increase of 132.73%; the net profit in the first three quarters was 7.751 billion yuan, a year-on-year increase of 130.9%.
