Summary: In April 2015, BTR signed a
cooperation agreement with REG in an attempt to integrate upstream mineral
resources and develop graphite deep-processing business. CCM believes that this
will give support to BTR in improving its position and competitiveness in
Li-ion battery anode material segment.
Source: Baidu
On 9 April, 2015, Shenzhen BTR New Energy Materials Co., Ltd. (BTR) announced
that it had signed the Cooperation Agreement on the Yunshan Graphite Project
(Luobei County, Hegang City, Heilongjiang Province) with China Railway
Resources Group Co., Ltd. (REG). On the basis of the exploration and mining
rights held by REG and the deep processing technology and market shares owned
by BTR, the 2 sides plan to give full play to each other and cooperate in
graphite exploitation, beneficiation and deep processing, so as to achieve
mutual benefits.
Company information
- BTR is dedicated to the R&D, production and sales of Li-ion battery anode
materials. It takes lead in the global sales. Meanwhile, the enterprise is
continuously developing related products set in the Li-ion battery material
industrial chain, including cathode materials and conductive materials.
- REG is an internationalized and comprehensive mineral development firm
integrated with geological prospecting, mine exploitation and trade &
logistics. Its activities cover the exploitation and sales of noble metal,
nonferrous metal, ferrous metal and nonmetal, the design, research and
consultancy regarding the technology for the exploration and exploitation of
natural resources at home and abroad and the imports and exports.
Accordingly, BTR and REG intend to carry out all-round cooperation centered in
the exploitation and beneficiation in Yunshan graphite mine and the graphite
deep processing in Hegang City.
Specifically, the cooperation will combine all advantages such as mineral
resources, deep processing technology, market channels and industrial chain
together, which will give support to BTR in its improvement in position and
competitiveness in Li-ion battery anode material segment. This is in line with the
enterprise’s business strategic positioning.
At the earlier stage during the cooperation, the projects involving the
exploitation in Yunshan graphite mine and the graphite deep processing will be
carried out, while the graphite beneficiation project will not be started up.
Of this, Li-ion battery anode materials will be given first place in the
graphite deep processing project, to form a deep processing production base for
natural graphite-based products, such as spherical graphite, high-purity
graphite, graphite emulsion and fluorinated graphite.
Graphite project carried out by BTR and
REG, 2015
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Project
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Cooperation approach
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Exploitation in Yunshan Graphite mine
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REG is to transfer 30% of shares in its
wholly-owned subsidiary, Yunshan Graphite Mining Co., Ltd. (Yunshan Graphite)
to BTR, and then they will together control this joint venture (JV) at a
ratio of 70:30. The JV is responsible for the exploitation and operation of
Yunshan graphite mine.
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After equity transfer, Yunshan Graphite
shall pay the rest USD19.62 million (RMB120.50 million) to the local
government department for the exploration right in the core area of Yunshan
graphite mine.
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REG and BTR will invest USD14.81 million
(RMB91 million) and USD6.35 million (RMB39 million) respectively into Yunshan
Graphite to ensure its operation.
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Graphite deep processing in Hegang City
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REG and BTR will set up a natural
graphite deep processing enterprise namely Hegang BTR Materials Co., Ltd. in
Xing’an Dist., Hegang City at a ratio of 45:55, registered capital being
USD16.28 million (RMB100 million). This JV will focus on the investment and
financing activities for the graphite deep processing project and carry out
research, design, construction and operation about Li-ion battery anode
materials and other graphite related deep processed products.
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The JV will undertake the 41 ha area targeted
by Yunshan Graphite.
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The JV will establish a production
capacity of >30,000 t/a for Li-ion battery anode materials and other deep
processed products based on natural graphite, of which 10,000 t/a Li-ion
battery anode material production line will be launched in the 1st phase.
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Graphite beneficiation in Hegang City
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REG and BTR will build a graphite
beneficiation enterprise in Luobei County, Hegang City at a ratio of 50:50,
registered capital reaching USD8.14 million (RMB50 million). The JV will take
the responsibility to make investment and financing for the graphite
beneficiation project and launch related design, construction and operation
activities.
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The JV will initiate the construction for
the graphite beneficiation project and will first go through the land
requisition formalities (forest land included) for tailing reservoir, based
on the graphite fine powder market and the minerals integration
situation.
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Source: Shenzhen BTR New Energy
Materials Co., Ltd. & CCM
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