Since the beginning of 2026, the lithium battery materials industry has seen a new wave of structural positioning led by chemical giants. In March, Dazhong Mining announced that it planned to sign a tripartite agreement with the Meishan High-tech Zone Administrative Committee and Wanhua Chemical (Sichuan) Battery Materials Technology Co., Ltd. to jointly invest in and build a “200,000 mt/year lithium chemicals project,” with Phase I expected to be planned at 30,000 mt.

The agreement marks the beginning of an in-depth, full-chain partnership encompassing lubricant supply and services, joint technology development, brand collaboration, and global market expansion.