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    MCC New Energy was awarded the "SMM Nickel Standard Acquisition Unit" by Shanghai Nonferrous Metals Network

    Author MCC Posted on 2021-10-21 14:39

    On May 21, 2021, during the 6th China International Nickel, Cobalt and Lithium Summit Forum hosted by Shanghai Nonferrous Metals Network (SMM), MCC New Energy was awarded the "SMM Nickel Standard Acquisition Unit" by Shanghai Nonferrous Metals Network (SMM). The recognition of the non-ferrous metal industry has become an important indicator for spot trading, and the status and influence of the industry have been further improved. At the same time, leading companies in the power battery industry for new energy vehicles, such as Jinchuan Group, Guangxi Yinyi, Zhongwei New Materials, and Hunan Bangpu, have also been awarded.

    Shanghai Nonferrous Network (SMM) is a portal website for the non-ferrous metals industry. Authoritatively publish the "Shanghai Non-ferrous Metal Price Index (SMMI)" every day, which fully reflects the overall situation and prosperity of China's non-ferrous metal market; publish the "SMM price (Shanghai spot market)" objectively and fairly every day, as an important participant in the lithium battery material industry, provide Including benchmark prices, analysis, news, consulting and conference services of various major materials in the upstream and downstream of the lithium battery material industry. The published benchmark prices have been used as the reference basis for industry product pricing and have been generally recognized by the industry.

    Under the general trend of “carbon peaking” and “carbon neutrality”, major countries in the world have set timetables for peaking carbon emissions and emission reduction targets. Among them, electrification in the transportation sector has won China, the United States, and Europe as an important way to reduce emissions. As major economies attach great importance to it, countries have introduced stimulus policies and set electrification targets. The rapid growth of the demand side and the coordinated development of demand and supply will drive the new energy automobile industry into a continuous business cycle.

    With the rapid development of China's new energy automobile industry, the demand for ternary lithium battery materials has also increased, and the importance of nickel sulfate and cobalt sulfate as the basic raw materials of ternary lithium battery materials has received general attention. The main domestic nickel sulfate crystal suppliers' production capacity are: Jinchuan Group 80,000 tons/year, Guangxi Silver 70,000 tons/year, Jinn 48,000 tons/year, Yangtze River Energy 45,000 tons/year, China Metallurgical New Energy 40,000 tons/year /Year, Jiangxi Ruifeng 18,000 tons/year, Guangde Environmental Protection 15,000 tons/year, Tianjin Maolian 20,000 tons/year, Shaanxi Jutai 10,000 tons/year, etc. The total domestic nickel sulfate output in 2020 will be 144,000 Tons of nickel metal, including the output of solution, nickel bean dissolution, recycling, etc., because some manufacturers use nickel sulfate crystals for their own use, the crystal manufacturers that provide effective supply to the market are mainly the above nine companies. Since 2021, based on domestic nickel sulfate crystal shipments, MCC New Energy currently ranks second in the country, second only to Jinchuan Group, with significant competitive advantages and a leading position in the industry.

    The award of the license signifies that MCC New Energy has further improved its influence in the lithium battery material industry, and is also a concrete manifestation of the unanimous recognition of its products by upstream and downstream customers in the industry. With the rapid development of the industry, China Metallurgical New Energy will continue to strengthen its original intention, intensively cultivate the market, apply overseas nickel and cobalt resources to the new energy automobile industry, implement China Minmetals and China Metallurgical Group's new energy strategic plan, and achieve "double The “carbon” goal contributes to the responsibility of central enterprises and the “hard core” power.


    Contributed from: Liu Zhiyu, Marketing Department


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