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| Conch Venture Sunway |
Conch Venture Sunway, a prominent Chinese producer of anode materials, is set to begin production at its newly constructed facility in Leshan city, Sichuan province. This facility marks a significant milestone for the company in the rapidly growing lithium-ion battery supply chain.
The first phase of the plant, designed with a production capacity of 40,000 tons per year, began construction in September 2022 and was completed by June 2023. Trial production commenced in October, and full-scale operations are slated to launch in December. Once fully operational, the plant will contribute to Sichuan's reputation as a major hub for lithium-ion battery manufacturing.
The Leshan facility is part of a larger plan, with the second phase expected to add another 60,000 tons per year of capacity. However, details regarding the timeline and execution of the second phase remain undisclosed.
Conch Venture Sunway is a joint venture between Conch Venture, a provider of energy conservation and environmental protection solutions, and Sunway, a leading special cable manufacturer. This collaboration leverages Sichuan’s abundant hydropower resources, which allow producers to benefit from low electricity prices of 0.30-0.35 yuan/kWh ($0.04-0.05/kWh).
Producing 1 ton of synthetic anode material requires substantial energy, consuming 11,000-15,000 kWh, with over 60% allocated to the graphitisation process. Sichuan’s competitive energy rates provide a distinct advantage for companies like Conch Venture Sunway in scaling their operations sustainably.
As global demand for lithium-ion batteries continues to rise, fueled by the rapid adoption of electric vehicles and renewable energy storage solutions, Conch Venture Sunway’s new facility positions the company at the forefront of anode material production.
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