Chinese majors start 2021 on anode offensive

China’s anode majors dramatically stepped up expansion plans in Q1 with billions of dollars of investment cementing Chinese dominance of the anode supply chain.

BTR New Energy (BTR) and Putailai led the expansions, announcing plans to build 80,000 tpa and 200,000 tpa, respectively, of additional synthetic anode capacity.

Putailai’s massive 200,000 tpa anode project will be established in Chengdu, Sichuan, through its wholly owned subsidiary Sichuan Zichen Technology. The first stage of the project is set to finish construction in 2023, with 100,000 tpa of capacity, ultimately reaching nameplate in 2025. Total investment into . . .

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