New Energy Materials Business

Business Introduction

Since 2004, GEM started to do subtraction to recover cobalt-nickel-manganese; in 2012, it reversed to do addition, adding Co, Ni, Mn/Al, and started to develop new energy materials. After more than a decade of development, GEM has now become a global head enterprise of ternary precursors and tri-cobalt tetraoxide, and new energy materials business have overtaken waste recycling business to become GEM's main business.


The company has overcome the high-efficiency and green whole-process resource recycling technology of low-grade and difficult-to-treat cobalt and nickel metal wastes, developed the preparation technology of high-performance ternary material precursors such as ultra-high nickel, cobalt-free, quaternary, single crystal and core shell, and built the world's most complete lithium-ion battery raw materials and materials manufacturing system, becoming the core supply chain enterprise of the world's leading power battery enterprises.

Life Cycle Value Chain of New Energy

From 2016 to 2021, the company produced a total of nearly 280,000 tons of ternary precursors, with an average of 100 kg per vehicle, the company has assembled nearly 2.8 million ternary battery new energy vehicles, accounting for 15% of the global ternary battery new energy vehicles in the same period, ranking second in the world. In recent years, the company has successfully joined hands with more than 500 car manufacturers and battery factories in the world, such as Samsung, Rongbaek, Yiwei Li-energy, Jiewei, Fu-energy, Toyota, Volkswagen and BAIC, to build a national recycling network system of "ditch, river and sea", and built three green dismantling lines for waste power battery packs in Wuhan, Jingmen and Wuxi, with an annual capacity of processing 250,000 sets of waste power battery packs, realizing the green mode of the whole life cycle of the new energy vehicle industry chain from "green to green".

Business Highlights and Advantages, Industry Status and Influence, Future Development Trends


Four Core Competencies to Help the Development of New Energy Industry


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1.1 Precursor Materials Formed "Jingmen + Fuan + Taixing" Tripod New Manufacturing Model

The company's precursor business has a lofty global position, with the first global sales volume from 2017-2019, occupying more than 15% of the global market; the third global sales volume in 2020, affected by the Hubei epidemic; and the second global sales volume of 90,000 tons in 2021.


In recent years, the company accelerated the construction of Fuan Park, 50,000 tons of precursor production line as scheduled; Taixing Park 30,000 tons of precursor production line completed production, opening up the group's third precursor production base; precursor business main park - Jingmen Park continue to sprint, expanding to 150,000 tons of production capacity; so far, the precursor business segment of the new tripod manufacturing model from the blueprint into reality, capacity doubled, exceeding 230,000 tons, again achieved the new speed of the development of GEM new energy industry!



precursor production line



1.2 Successful Upgradation of Triple Cobalt Tetraoxide and Sharp Performance

Cobalt tetraoxide occupies more than 30% of the world market, and one out of every three cell phones in the world is loaded with GEM’s materials.


The Company implemented the expansion, transformation and upgradation of the production line of cobalt tetraoxide, and the cobalt tetraoxide business once again became the dominant of the performance. Taixing Park enlarged and strengthened the cobalt industry chain, adding 5,000 tons of capacity in 2021 and solidifying the Group's 25,000 tons of cobalt tetraoxide production capacity. The multi-point breakthrough of aluminum-doped cobalt tetraoxide products ensures the smooth implementation of the Group's strategy of upgrading cobalt tetraoxide.

Cobalt Tetraoxide Production Line


1.3 Ternary Cathode Materials Regain Importance, "Digital" and "Directional Cycle" Dual Track

Ternary cathode materials are the strategic pivot point of the company's new energy materials business. In 2021, GEM completed and put into operation the new production lines of Wuxi and Jingmen ternary cathode materials, adding 10,000 tons per year of high nickel cathode material production capacity and reaching 25,000 tons of production capacity, and the intelligent manufacturing level will be among the first-class in the industry.


The magnetic foreign matter level of NCM and high nickel NCA materials are both stabilized below 10ppb, and the quality of products is greatly improved. The "digital" plus "directional cycle" has broken the bottleneck of the company's cathode material business, and the cathode material business regained importance.



Ternary Cathode Material Production Line



1.4 Comprehensive layout of lithium iron phosphate cathode materials business field

Accelerate the construction of 100,000 tons of iron phosphate and lithium iron phosphate production line in Fuan Park, and start planning for 50,000 tons of lithium iron phosphate production line in Xiantao Park in Hubei Province, and carry out comprehensive cooperation with Xinyangfeng, dedicated to building a globally competitive new phosphorus chemical new energy material whole industry chain.

Signing Ceremony of GEM and Xinyangfeng New Phosphorus Chemical New Energy Material Whole Industry Chain

1.5 Power Battery Recycling Achieves Full Profitability, Advanced Technology Exported Overseas

The company's power battery recycling business revenue has doubled and the gradient utilization business has gained historic profitability, achieving full profitability of the power battery recycling business. In 2021, the company has accumulated 1.06GWh of recycled power batteries

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BottomGraphic · MainBusiness · CentralScroll · GEM Introduction Guangdong ICP No. 11096806-1©2008-2021 GEM Co., Ltd. All rights reserved