The breakthrough of lithium battery technology is just around the corner, and manganese products are becoming the mainstream.

Recently, news about the new technology of lithium battery has been seen in newspapers. For example, BYD said that it is developing lithium iron manganese phosphate battery, and its energy density will be more than 60% higher than the existing lithium iron phosphate battery, reaching the level of ternary materials. At the same time, because manganese replaces the existing high-priced metals such as cobalt and nickel, the cost will be greatly reduced. LG Chemical Energy, a subsidiary of LG Group, is also developing batteries for electric vehicles, and the battery life is twice that of most batteries on the market at present. The insiders believe that the cathode material will be the key to the technological breakthrough of lithium batteries, because it accounts for more than 40% of the manufacturing cost, and its performance directly determines the overall performance of lithium batteries. From the perspective of industry development path, under the background that lithium manganate and ternary materials gradually occupy the market share of traditional lithium cobaltate materials and lithium iron manganese phosphate technology is becoming more and more mature, the application proportion of manganese products in cathode materials has greatly increased. Combined with China's electrolytic manganese production capacity, the global share exceeds 90%, and the technical direction conforms to the industrial characteristics of China. Among A-share companies, the technical level of electrolytic manganese dioxide special for lithium manganate in xiangtan electrochemical has been continuously improved, and the sales volume has increased year by year. Red Star Development Report said that high-purity manganese sulfate was affected by the rapid development of the downstream lithium battery industry, and its production and sales increased significantly.