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factory","ningbo-ronbay-to-enter-cathode-production-in-europe-with-polish-factory","article/ningbo-ronbay-to-enter-cathode-production-in-europe-with-polish-factory",{"_uid":547,"date":548,"tags":549,"editor":562,"content":572,"excerpt":644,"featured":51,"reporter":645,"_editable":649,"component":650,"seo_title":543,"categories":651,"visibility":657,"author_company":49,"featured_image":658,"seo_description":644,"author_full_name":49,"author_job_title":49,"formattedDate":663,"formattedArticleDate":664},"7fca3f62-a27d-4f24-9ea0-ec43a3835a6e","2024-10-25 00:00",[550,553,556,559],{"slug":551,"name":552},"china","China",{"slug":554,"name":555},"europe","Europe",{"slug":557,"name":558},"poland","Poland",{"slug":560,"name":561},"ronbay","Ronbay",[563],{"slug":564,"name":565,"content":566},"didi-bostock","Didi Bostock",{"job_title":567,"image":568,"bio":570,"linkedin":571},"Editor - Energy Transition & Economics",{"filename":569},"https://a.storyblok.com/f/287943243085208/512x512/2c5ca5c1a3/didi-bostock.jpeg","Didi is the Energy Transition & Economics Editor at Benchmark, covering a broad range of markets across the energy transition. His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":573,"content":574},"doc",[575,582,587,592,607,612,619,624,629,634,639],{"type":576,"attrs":577,"content":578},"paragraph",{"textAlign":49},[579],{"text":580,"type":581},"Ningbo Ronbay New Energy Technology has bought a former Johnson Matthey cathode materials factory in Konin, Poland despite delays and cancellations across Western cathode projects.","text",{"type":576,"attrs":583,"content":584},{"textAlign":49},[585],{"text":586,"type":581},"The investment is the company’s first project in Europe, with the first phase of construction expected to last until the end of 2025 and annual production to reach 20,000 tonnes.",{"type":576,"attrs":588,"content":589},{"textAlign":49},[590],{"text":591,"type":581},"“Ronbay is seeking opportunities in Europe and America to cope with overcapacity in the Chinese market, forecast demand growth in the West, and the supply chain localisation policies in those regions,” said Annie Li, Principal Analyst at Benchmark.",{"type":576,"attrs":593,"content":594},{"textAlign":49},[595,597,605],{"text":596,"type":581},"Construction at the site began under Johnson Matthey prior to its ",{"text":598,"type":581,"marks":599},"decision to exit the battery materials business",[600],{"type":601,"attrs":602},"link",{"href":603,"uuid":49,"anchor":49,"target":49,"linktype":604},"https://source.benchmarkminerals.com/article/johnson-matthey-exits-battery-materials-business-in-blow-to-europe?_branch_match_id=1544394609885129417&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvWd%2FHLCw52tijJ8k%2ByrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUAMTRYHEgAAAA%3D","url",{"text":606,"type":581}," in November 2021. The facility had been intended for production of high nickel LNO, but as Ronbay makes both nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) materials the facility could produce either.",{"type":576,"attrs":608,"content":609},{"textAlign":49},[610],{"text":611,"type":581},"“The fact Johnson Matthey will already have begun construction on a converting substation and completed an Environmental Impact Assessment, as well as access to green electricity, will facilitate Ronbay’s plant construction,” added Li.",{"type":613,"attrs":614,"content":616},"heading",{"level":615,"textAlign":49},4,[617],{"text":618,"type":581},"Chinese players in Europe’s cathode market",{"type":576,"attrs":620,"content":621},{"textAlign":49},[622],{"text":623,"type":581},"“Faced with fierce competition in China and expected demand growth outside the country, several leading cathode producers have announced investment in Europe and America,” said Li.",{"type":576,"attrs":625,"content":626},{"textAlign":49},[627],{"text":628,"type":581},"There are four European projects which are primarily owned by Chinese companies expected to begin production by 2030, namely Beijing Easpring, Yuneng New Energy, Huayou Cobalt, and Xiamen Tungsten.",{"type":613,"attrs":630,"content":631},{"level":615,"textAlign":49},[632],{"text":633,"type":581},"Western cathode projects have been scaled back",{"type":576,"attrs":635,"content":636},{"textAlign":49},[637],{"text":638,"type":581},"Project delays and cancellations in the West have been driven by the slowdown in EV sales in the European and North American markets. ",{"type":576,"attrs":640,"content":641},{"textAlign":49},[642],{"text":643,"type":581},"The delays mean Western markets will remain dependent on China’s well-developed and heavily invested battery supply chain in the short to medium term.","Ningbo Ronbay New Energy Technology has bought a former Johnson Matthey cathode materials factory in Konin, Poland despite delays and cancellations across Western cathode projects. The investment is the company’s first project in Europe, with the first phase of construction expected to last until the end of 2025 and annual production to reach 20,000 tonnes. 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