Chinese-funded battery company's second-phase project in Indonesia to go into production this year

Betray New Materials has put into production anode material capacity of 575,000 tons/year, Indonesia's annual output of 80,000 tons of anode material project (Phase I) will be put into production in 2024 and the production capacity is climbing, Phase II is expected to be put into production in 2025, when the capacity of anode material in Indonesia will reach 160,000 tons/year; sodium electrode capacity of about 3,000 tons/year, sodium electrode positive and negative electrode materials have been recognized by the customers and batch shipments.The company is actively promoting the construction of overseas bases, such as Indonesia, which was chosen because of the small difference between its production factors and those of the domestic market, and its advantages in terms of costs, taxes, raw materials and transportation. Overseas plant construction is the key to globalization strategy, which can build localized supply chain, cope with geopolitical risks and serve overseas customers. Solid-state battery is an important direction of future battery technology, through the electrolyte form innovation to improve energy density and safety, new application scenarios will promote its industrialization. Sodium battery has advantages in cost, low temperature performance and safety, although the cost advantage due to lithium price fluctuations decline, but specific scenes still have application value. The company is deeply engaged in lithium-ion battery materials research and development and industrialization, product matrix is rich, covering power battery, energy storage battery, consumer battery field, can provide high-performance material solutions for the global head battery manufacturers. In the field of anode materials for lithium-ion batteries, the company has outstanding advantages, with natural graphite anode building a complete industrial chain to ensure supply and quality, and artificial graphite anode reducing cost and increasing efficiency through industrial chain layout and process innovation.