It is reported that a large amount of by-products such as ferrous sulfate will be produced in the production process of titanium dioxide, and ferrous sulfate will further react with monoammonium phosphate to form iron phosphate, which is the precursor material for preparing lithium iron phosphate. Benefiting from this, the market demand for lithium iron phosphate cathode materials is on the rise as a whole, and the supply has been in short supply. The price of the product has skyrocketed, thereby attracting capital to enter the market. The extension of the titanium dioxide industry chain to the field of new energy battery materials will enable titanium dioxide enterprises to usher in broad development opportunities.
Titanium dioxide enterprises cut into the lithium iron phosphate business with the advantage of iron sources, and titanium dioxide enterprises have low iron source costs and enjoy synergistic effects. The huge demand in the lithium iron phosphate industry has attracted a group of well-capitalized titanium dioxide enterprises to deploy and expand production capacity to meet market demand.
Driven by the advantages of the titanium dioxide industry chain and high profits, starting from the second half of 2020, the titanium dioxide industry has ushered in an upsurge in expanding production of lithium iron phosphate materials.Guikuang has independently developed and produced Raymond mill, vertical mill, ultra-fine mill, and ring roller mill. In the field of titanium dioxide processing and production, Guikuang titanium dioxide production equipment has also been highly recognized by many iron dioxide enterprises. Titanium dioxide enterprises expand the industrial chain of titanium dioxide, and increase the utilization value and market value of iron titanium dioxide.