Henan Dongscandium’s project for producing 20,000 cubic meters of vanadium electrolyte per year has gone into operation

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On March 28, the opening ceremony of the Jiaozuo Scandium-Vanadium New Materials Industrial Park, along with the commissioning ceremony for the project at Henan Dongscandium New Energy Materials Technology Co., Ltd. aimed at producing 20,000 cubic meters of vanadium electrolyte per year, were successfully held in the Jiaozuo Economic and Technological Development Zone in Henan. This is a crucial move by Longbai Group to deepen its involvement in the field of rare earths and rare metals, and to explore new areas for development. Bai Xuejie, chairman of Henan Pinggao Smart Energy, Hao Liucheng, director of the Smart Energy Research Institute of Pinggao Group and secretary of its Party committee, Meng Qing and Zhang Jiale, directors of Shanxi Guorun Energy Storage, and Gao Yanwu, chairman of Zhongsheng Group, attended the opening ceremony and the project commissioning ceremony. He Benliu said during an event to discuss matters with key clients that scandium and vanadium are elements with broad application prospects, and the Jiaozuo Scandium and Vanadium New Materials Industrial Park represents an important tool for Longbai Group to expand its industrial chain and deepen its involvement in the field of rare earth and rare metals. Vanadium electrolyte batteries represent an important direction for Henan Province’s efforts in the field of energy storage, and power sector reforms also offer significant opportunities for the development of such batteries. Longbai Group ranks among the top in the world in terms of the production volume of vanadium-titanium magnetite and titanium dioxide. It possesses unique resource advantages and technical expertise for developing vanadium electrolytes as well as scandium and vanadium-related industries. With these foundations, advantages, and confidence, the company is well-positioned to create new drivers for growth. The industrial park has a total investment of 1.08 billion yuan, covers an area of about 200 mu, and is constructed in three phases. Phase 1 focuses on the mass production of key materials, with projects to produce 2,500 tons per year of high-purity vanadium pentoxide, 20,000 cubic meters per year of vanadium electrolyte, and 2,000 tons per year of aluminum balls ； In the second phase, high-end product lines such as scandium fluoride and aluminum-based master alloys will be expanded, with an additional production capacity of 40,000 cubic meters of vanadium electrolyte ； Phase three focuses on new scandium-containing high-performance aluminum alloy materials to improve the layout of the entire industrial chain. Once the project is fully completed and put into operation, it is expected to generate annual sales revenue of 1.767 billion yuan and tax revenues of 126 million yuan. It will also create 358 job opportunities, thereby contributing significantly to the development of a new materials industry cluster worth hundreds of millions of yuan in Jiaozuo City. Vanadium redox flow batteries represent a long-duration energy storage technology with high current technical maturity and broad commercialization prospects. They enable electricity storage during normal times and discharge when needed, serving as a key component for building new power systems and achieving the \"dual carbon\" goals. Tan Dongzheng, vice chairman of Hunan Dongfang Scandium Industry, explained that Henan Dongscandium New Energy Materials Company leverages Longbai Group’s unique technical advantages in extracting vanadium from titanium dioxide waste acid, as well as its extensive experience in hydrometallurgy. In areas such as high-purity vanadium pentoxide and electrolytes for vanadium-based flow batteries, the company has developed a competitive advantage characterized by sufficient production capacity, controllable costs, and stable supply – making it a leading enterprise in the upstream segment of the vanadium-based flow battery energy storage industry. The vanadium electrolyte project will provide essential material support for the development of the full-vanadium flow battery industry in China, helping to ensure autonomy and high-quality advancement in the new energy and new materials supply chains. It will also facilitate the application of scandium-vanadium materials in high-end fields such as aerospace and hydrogen energy devices, thereby completing the overall industrial chain for scandium–vanadium–aluminum. Hao Liucheng, director of the Smart Energy Research Institute and party secretary of Pinggao Group, said that Pinggao Group will make every effort to deepen its all-round cooperation with Longbai Group and Henan Dongscandium, focusing on the core field of vanadium-based flow battery energy storage, so as to contribute the wisdom and efforts of Henan’s enterprises to the development of **new power systems and the achievement of the \"dual carbon\" strategic goals. After the opening ceremony and the commissioning of the project, leaders from Zhongzhan District, along with group executives such as Benliu and Xu Ran, as well as guest representatives, visited the central control room of Henan Dongscandium, the Henan Province Scandium-Vanadium Recycling and Utilization Engineering Technology Research Center, and the vanadium electrolyte production line. Zhao Baolin, Deputy Secretary of the Zhongzhan District Party Committee and District Head of Jiaozuo City, together with He Benliu, Chairman of the group, and Xu Ran, Vice Chairman, unveiled the plaque for Jiaozuo Scandium-Vanadium New Materials Industrial Park. Relevant leaders from Zhongzhan District and the leadership team of Longbai Group’s Dongscandium subsidiary attended the meeting, which was chaired by Zhang Gang, the Party secretary of the group.