Mtalco(SH:601677) 起点锂电·2025-05-26 11:12Core Viewpoint - The article discusses the strategic partnership between Penghui Energy and Mingtai Aluminum, focusing on the development of new battery technologies, including solid-state and sodium-ion batteries, and the collaboration in aluminum recycling for the renewable energy sector [2][3]. Group 1: Strategic Partnership - Penghui Energy and Mingtai Aluminum will establish a multi-level strategic partnership in the research and development of solid-state and sodium-ion batteries, product supply, technology development, and capacity layout [2]. - The agreement indicates that Penghui Energy will prioritize the use of Mingtai Aluminum's products for the development of solid-state batteries and other battery projects [3]. Group 2: Company Overview - Mingtai Aluminum, founded in 1997, is the first private aluminum processing enterprise in China, focusing on aluminum plates, strips, foils, and comprehensive recycling of resources, with applications in various sectors including new energy, electronics, and military [4]. - The company currently has an annual waste aluminum processing capacity of over 1 million tons and an aluminum plate and strip capacity of over 1.6 million tons [5]. Group 3: Market Demand and Trends - The demand for aluminum foil and aluminum plastic film is expected to continue rising, driven by leading companies like CATL and BYD accelerating the commercialization of sodium batteries, which can utilize aluminum foil as a current collector [7]. - The soft-pack packaging, primarily made of aluminum plastic film, is considered the most suitable for solid-state batteries, indicating a sustained increase in demand for aluminum plastic films as solid-state battery production ramps up [7]. Group 4: Technological Advancements - Mingtai Aluminum has been involved in the new energy battery sector since 2012, successfully overcoming production challenges in aluminum plastic film, and has become a significant supplier in the domestic market [6]. - The company has developed a comprehensive product matrix for battery casings, including various aluminum materials that meet the diverse needs of power battery manufacturers [6]. Group 5: Penghui Energy's Developments - Penghui Energy is focusing on solid-state and sodium-ion battery technologies, with a dual research approach in the sodium-ion battery field, achieving stable operation in its energy storage systems [8]. - The company plans to launch its first-generation solid-state battery product in 2024, featuring significant advancements in safety and energy density, with a target for mass production by 2026 [9].