On May 18, the engineering, procurement, and construction (EPC) tender for the Yanchang County grid-side energy storage station project was released. The project is located in Yanchang County, Yan'an City, Shaanxi Province, with a total investment of 580 million yuan and a planned construction period of 180 calendar days. This project is a grid-side grid-forming independent energy storage station with a total scale of 200MW/400MWh. The energy storage system adopts a hybrid technology route consisting of 190MW/380MWh lithium iron phosphate batteries + 10MW/20MWh all-vanadium redox flow batteries. A new 110kV booster station will be constructed simultaneously, which is planned to connect to the 110kV side of the 330kV Fushi substation via a single transmission line.

According to customs data released on May 20, 2026, China’s phosphate ore imports stood at 207,000 mt in April 2026, rising 13.5% month-on-month from 182,000 mt in March. April total import value hit US$19.741 million, a MoM increase of 35.7% versus US$14.552 million in March. The average import unit price was US$95.5 per mt, up 19.6% from US$79.9 per mt in March.

On May 17, Gotion High-Tech unveiled its fifth-generation lithium iron phosphate (LFP) all-scenario battery lineup at the company's 15th Global Technology Conference — comprising the G-Ke 2nd Generation Super Fast-Charging Passenger Vehicle Battery and the G-Qing Ultra-Long Lifespan Battery for Passenger Vehicles, Commercial Vehicles, and Energy Storage.

First, multi-material indexation has become normal practice in domestic cell pricing. However, passing these costs through to project owners is far from smooth. Second, the adjustment cycle in overseas markets is shortening. Yet even a lithium-carbonate-only linkage faces resistance at the owner level. Third, cost pressure is concentrating heavily at the integration stage.

Recycling Industry Events This Week (April 4.27-4.30)

Recycling Industry Events This Week (April 4.20-4.24)

On April 24, Jiangsu Lopal Tech Co., Ltd. released its 2025 annual report. The report shows that the company achieved operating revenue of 8.938 billion yuan in 2025, a year-on-year increase of 16.42%; total profit was -224 million yuan. As of the end of 2025, the company's total assets reached 18.672 billion yuan, a year-on-year increase of 16.30%; net assets attributable to shareholders of the listed company were 2.828 billion yuan, a year-on-year decrease of 10.79%. The company's lithium iron phosphate product shipments rank among the top in the industry. It has established long-term and stable cooperative relationships with major global lithium battery manufacturers such as CATL, LG Energy Solution, REPT BATTERO, EVE Energy, Sunwoda, and ChuNeng New Energy.

On the evening of April 3, Xingfa Group (600141) announced that its wholly-owned subsidiary company, Inner Mongolia Xingfa Technology Co., Ltd., plans to invest 1.381 billion yuan to build a 100,000-ton/year battery-grade lithium iron phosphate project in the Wuda Industrial Park, Economic Development Zone, Wuhai City, Inner Mongolia.

On April 8, the Lianyungang Ecological Environment Bureau released the acceptance public notice for the environmental impact report of the "Jiangsu Dejia Circular Recycling Technology Co., Ltd. Annual Resource Utilization of 50,000 Tons of Spent Lithium-Ion Battery Project." The project will construct one cascade utilization line and two recycling lines, achieving an annual resource utilization capacity of 50,000 tons of spent lithium-ion batteries, including ternary and spent lithium iron phosphate batteries. About 60% of the recovered waste batteries meet cascade utilization requirements, with the remainder entering recycling. Final production capacity:

The project is named "Jiangxi Longkai Circular Technology Co., Ltd. Retired Lithium Battery Comprehensive Recycling and Cascade Regeneration Project." It is a new construction project, with four processing systems: a spent lithium battery cascade utilization and pretreatment system (including 2 lines for spent ternary lithium battery cascade utilization and pretreatment, and 4 lines for spent lithium iron phosphate battery cascade utilization and pretreatment), a spent ternary lithium battery powder comprehensive recovery system, a spent lithium iron phosphate battery powder comprehensive recovery system, and a lithium carbonate production system.