Lithium market explosion, fluorite may rise

      With the development of new energy industry, not only new energy electric vehicles, but also led to the development of other industries around. For example, lithium batteries, lithium market this business opportunity has also attracted attention, many lithium enterprises have laid out, increased industrial investment, acquisition and development, expanding the field of lithium, new energy track, lithium market or will explode. China's lithium battery production equipment development began in 1998, when there were very few domestic professional lithium equipment manufacturers, lithium equipment relies heavily on imports.

       From 2013 to 2017, the 3C electronic requirements for high energy density and safety of batteries are higher, and new energy vehicles have higher requirements for battery consistency, stability and safety, and the traditional semi-automated production mode is difficult to meet these high-quality needs, forcing lithium battery manufacturers to adopt a large-scale and high degree of automation production mode. At the same time, due to the long-term prospects for lithium batteries, a number of enterprises outside the industry to accelerate the entry of new markets for lithium, driving the rapid expansion of the entire lithium manufacturing equipment market size. At this stage, the scale of expansion grew at a larger rate, and by 2017, the market size of lithium-ion equipment reached 15.75 billion yuan, an increase of 32.4% over the previous year.

       Since 2018, the market consolidation of the lithium industry has accelerated, and a number of relatively weak companies in the industry have stagnated in capacity or even withdrawn from the market, and the industry head companies still continue to expand, with market share further concentrated to high-quality head companies. Therefore, the growth rate of lithium equipment market size has fallen, but still maintain stable growth, the market is increasingly rational. By 2020, the market size of lithium equipment reached 26.7 billion yuan, an increase of 26.9%.

       While the scale is expanding, the demand for raw materials for lithium batteries will also gradually increase. Fluorite is the core component of lithium batteries, and the lithium hexafluorophosphate it contains is a cutting-edge material for the battery industry, so fluorite is an important resource for extracting fluorine elements to produce lithium hexafluorophosphate and other fluorine materials.