Chinese Companies Invest in Copper Foil Manufacturing

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Researched by Industrial Info Resources (Sugar Land, Texas)--Due to the explosive growth in China's consumption of new energy vehicles, the demand for copper foil for lithium batteries is rising. Recently, many copper foil producers in China increased investment in electronic copper foil projects.

The Jiangxi Copper Yates Foil Company, a subsidiary of Jiangxi Copper Group, plans to invest $1.76 billion in the Shangrao Economic and Technological Development Zone for a plant that will have an annual output of 100,000 tonnes of lithium copper foil; Shenzhen Londian Electrics Company will invest $77.3 million to build a 30,000-metric-ton-per-year copper project, among others.

Industrial Info is tracking more than 100 copper manufacturing projects in China, worth $14.3 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for the project reports.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.