Flash | We met with 30+ institutional investors in the US last week. Most emerging-market PMs have had a strong year. They are followed by HFs with market-neutral strategies. Compared with our previous marketing meetings, we have different takeaways this time as many investors are invested or looking to invest more in our space. Topics of most interest for investor clients included ESS and AIDC implications, lithium outlook, and China's anti-involution policies. Most-asked names included CATL (also well own ...

December 15, 2025 09:07 PM GMT China Materials | Asia Pacific 2026 Outlook – Equity Implications: New Materials In New Materials, we see more upside for lithium prices from strong Energy Storage demand, and continued uranium recovery; solar glass prices likely face seasonal pressure. Lithium – better-than-expected demand leading to improved outlook for prices: Lithium demand has been better than expected YTD with very strong demand from Energy Storage Systems (ESS). ESS production is up 70% YoY YTD, and the ...

Core Insights - Sunrise New Energy Co., Ltd. has signed an anode material supply agreement with Xiaolu Lithium, with an expected supply of approximately 3,000 tons of anode materials starting in 2026, valued at around USD 11 million [1] - The anode materials are intended for high-rate discharge applications, particularly for unmanned aerial vehicles (UAVs) and energy storage systems, indicating a new revenue growth opportunity for the company [1][3] - Xiaolu Lithium specializes in sodium-ion and lithium-ion batteries, with products used in various applications including power tools and smart home devices, and has a global export reach to over 30 countries [2] Company Overview - Sunrise New Energy is headquartered in Zibo, Shandong Province, China, and focuses on manufacturing graphite anode material for lithium-ion batteries [5] - The company operates a manufacturing facility in Guizhou Province with a production capacity of 50,000 tons, utilizing renewable energy sources to minimize environmental impact [5] - The management team comprises industry experts with extensive experience in the graphite anode sector, enhancing the company's competitive edge [5] Market Position and Future Outlook - The agreement with Xiaolu Lithium reflects the recognition of Sunrise's technological capabilities and product reliability in high-rate discharge applications [3] - The company aims to leverage its R&D expertise and manufacturing capabilities to capture market opportunities in high-performance battery applications and diversify its customer base [4] - As sodium-ion batteries gain traction, Sunrise anticipates increased shipment volumes through collaborations with high-quality customers [3]

全球六氟磷酸锂&电解液龙头，有望充分受益于六氟磷酸锂涨价公司是全球六氟磷酸锂&电解液龙头。 根据灼识咨询数据，2024 年公司电解液全球出货量50.3 万吨，全球市场份额35.7%，连续9 年全球第 一。2024 年公司六氟磷酸锂出货量6.4 万吨，全球市场份额37.6%，排名第一。供需关系驱动下，近期 六氟磷酸锂价格大幅上涨。六氟磷酸锂经历几年的下行周期后，全行业已达成一定共识，将保持审慎有 序扩产，2026 年新增产能释放有限，在下游储能等需求带动下，预计紧平衡状态仍将持续。六氟磷酸 锂价格有望持续上行，公司有望充分受益。此外，公司卡位固态电池核心材料。我们预计公司2025- 2027 年归母净利润分别为10.96、54.02、73.87 亿元，EPS 分别为0.54、2.66、3.63 元/股，当前股价对应 PE 分别为73.7、14.9、10.9 倍，首次覆盖，给予"买入"评级。 卡位固态电池核心材料，硫化物电解质已进入中试阶段公司硫化物电解质采用液相反应法作为核心技术 路线，在水分控制、循环效率等指标性能优势明显，目前处于中试阶段，主要交付公斤级样品，配合下 游电池客户做材料技术验证。同时，公司持续 ...

Euro Manganese Announces Amendments to Convertible Loan and Royalty Agreement, and Royalty Agreement with OrionDecember 11, 2025 1:08 PM EST | Source: Euro Manganese Inc.Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (FSE: E060) (the "Company" or "Euro Manganese") announces amendments to the Amended and Restated Convertible Loan and Royalty Agreement between Euro Manganese and OMF(BK) LLC ("Orion"), dated May 20, 2025, and the Ame ...

DOVER, USA, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW) today announced the successful mid-term evaluation of a Guizhou Provincial Science and Technology Major Project it is undertaking. The project, titled "Key Technologies and Engineering of Novel Silicon-Carbon Anode Materials for Lithium-ion Batteries," has been awarded $730,000, which is allocated to advance the next-stage development of the silicon-carbon anode project. Silico ...

Key Takeaways Arkema and Semcorp sign an MoU to advance innovation in battery-separator technologies globally. Arkema will supply advanced materials and support to boost Semcorp's high-performance separator rollout. The partnership targets faster development and adoption of safer, durable separators for EVs and storage. Arkema S.A. (ARKAY) and Semcorp signed a Memorandum of Understanding (MoU) to form a strategic partnership aimed at accelerating innovation in battery-separator technologies and supporting S ...

Core Insights - Sunrise New Energy Co., Ltd. has announced the publication of its invention patent for a high-capacity alloy anode material for lithium-ion batteries, which is aimed at solid-state battery applications [1][4] Group 1: Patent and Technology - The patent focuses on the structural design and preparation method of next-generation high-capacity alloy anode materials, which are expected to advance high-capacity alloy anode technologies [1][4] - Alloy-based anode materials offer significantly higher theoretical capacities compared to traditional graphite anodes, enhancing energy density, but face challenges such as volume expansion and structural instability [2] - The invention aims to improve capacity and cycling performance, potentially leading to more stable interfaces with solid electrolytes in solid-state battery systems [3] Group 2: Company Overview - Sunrise New Energy is headquartered in Zibo, Shandong Province, China, and is involved in the manufacturing and sale of graphite anode material for lithium-ion batteries [5] - The company has a manufacturing facility in Guizhou Province with a production capacity of 50,000 tons, utilizing renewable energy sources to minimize environmental impact [5] - The management team consists of industry experts with extensive experience in the graphite anode sector, and the company operates a knowledge-sharing platform in China [5]

Core Insights - Sunrise New Energy Co., Ltd. has been granted a patent for a method to enhance the fast-charging performance of silicon-carbon composite anode materials, indicating a significant technological advancement in the field [1][2][3] Company Developments - The patented technology addresses critical challenges in silicon-carbon composite anode materials, such as interfacial instability and insufficient ion transport efficiency, thereby improving electrochemical performance under high-rate charging conditions [2][3] - The company plans to increase investment in advanced anode material research and accelerate the pilot-scale validation and industrialization of its innovative technologies, reinforcing its leadership in solid-state battery materials and fast-charging anode materials [4] Industry Context - Silicon-carbon materials are recognized as a key focus for the development of future solid-state battery anodes, and the patent strengthens the company's position in this critical area [3] - The advancements in this technology are expected to enhance the competitiveness of the company in fast-charging batteries, energy storage systems, and solid-state battery supply chains [3]

Core Insights - POSCO Holdings Inc.'s unit POSCO Future M and Factorial Inc. have signed a Memorandum of Understanding (MOU) to collaborate on the development of all-solid-state battery materials, aiming to enhance next-generation industries such as electric vehicles and energy storage systems [1][9] Partnership Details - The partnership emerged after Factorial evaluated cathode material samples from various suppliers, with POSCO Future M's materials showing strong rate capability [2] - The collaboration will focus on developing materials for all-solid-state batteries that utilize solid electrolytes, which offer improved safety, higher energy density, and better charging performance compared to traditional lithium-ion batteries [3][9] Research and Development - POSCO Future M is actively engaged in R&D for cathode materials and silicon anode materials, while the broader POSCO Group is researching lithium metal anodes and sulfide-based solid electrolytes [4] - Factorial is also conducting pilot manufacturing operations in South Korea [4] Strategic Goals - POSCO Future M intends to utilize POSCO Holdings N.EX.T Hub to expedite the development of next-generation mobility materials, focusing on innovation, supply chain enhancement, and cost reduction [5] Market Performance - PKX's shares have increased by 14.9% over the past year, while the industry has seen a growth of 23.7% [7]