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On February 7, Longbai Group held the first extraordinary general meeting of shareholders in 2022.
On February 7, Longbai Group held the first extraordinary general meeting of shareholders in 2022.
Vigorously promote the dual business development of titanium dioxide and lithium battery materials Vigorously promote the dual business development of titanium dioxide and lithium battery materials
It is understood that, in addition to the three proposed construction projects reviewed and approved above, in the six months since August 2021, Longbai Group has announced a total of 11 projects to be invested in, with a total investment of 18.
It is understood that, in addition to the three proposed construction projects reviewed and approved above, in the six months since August 2021, Longbai Group has announced a total of 11 projects to be invested in, with a total investment of 18.
Statistics show that among the 11 announced construction projects, 6 projects involve titanium dioxide business, and the other 5 involve lithium battery material business.
Zhao Hui, a stock analyst at Tibet Splendid Commodity Exchange, said in an interview with the "Securities Daily" reporter: "While continuing to consolidate the leading position in the titanium dioxide industry, Longbai Group is making efforts to build lithium battery materials into the company's second growth in recent years.
Wang Yutong, an investment analyst in the chemical industry of Zhengzhou Hongheng Investment Consulting Co.
The industry climate is still improving in the long term The industry climate is still improving in the long term
Judging from the current situation on both sides of supply and demand, in the long term, the prosperity of the titanium dioxide and lithium battery materials industry is still improving
Judging from the current situation on both sides of supply and demand, in the long term, the prosperity of the titanium dioxide and lithium battery materials industry is still improving
In terms of lithium battery materials, benefiting from the strong market demand for new energy vehicles and energy storage and the tight supply of lithium resources, the price of lithium battery materials continued to rise
Cao Yanyan, a partner of Gongjin Enterprise Management Consulting Co.
, Ltd.
, said: "In addition to the demand side, the supply side also provides strong support for the price of lithium battery materials.
The gap will continue to expand
.
By 2030, the gap between supply and demand will reach 1.
2 million tons of LCE (lithium carbonate equivalent)
.
The shortage of supply will lead to an overall increase in the price of battery lithium materials
.
”
