In 2021, China’s leading anode manufacturers have announced a wave of expansion plans in Sichuan at an unprecedented scale, with the province set to emerge as a new centre for anode capacity in the country.
The industry’s tier 1 producers — including BTR, Shanshan, Kaijin and Putailai — have announced significant expansions in the province this year, totalling more than 800,000 tpa of additional capacity according to the latest data from Benchmark’s Anode Market Assessment.
The main factor drawing producers to Sichuan is its abundant hydroelectric power, which meets synthetic anode producers’ high energy requirements at a low . . .