Minqin County, Gansu Province Unveils Major Industrial Project for Graphitized Negative Electrode Materials

Strategic Insights -

Minqin County in Gansu Province, China has made significant strides in transforming its economy through innovative project development. The county has prioritized the growth of key industrial projects, including a major undertaking by Gansu Ruizhi New Materials Co., Ltd. to produce 400,000 tons of graphitized negative electrode materials for lithium batteries annually. This cutting-edge facility is set to revolutionize the graphitized negative electrode material industry by leveraging Hunan Youre Technology Co., Ltd.'s Y-ECO graphitization furnace technology, which boasts four key breakthroughs: innovative furnace structure, intelligent power transmission system, active cooling and waste heat utilization, and continuous closed production management. Executive Vice President Qing Hanren of Gansu Ruizhi New Materials Co., Ltd. expressed the company's confidence in this technology, stating that it would greatly address the problems of high energy consumption, high emissions, and low efficiency in traditional processes. As part of the county's broader efforts to drive innovation, Minqin has been leveraging its rich wind and solar resources to foster the new energy sector, and has integrated the construction of industrial chains with new energy development, significantly enhancing investment attractability.

Key Takeaways:

  • The 400,000-ton annual production capacity lithium battery graphite anode material project is located in Minqin's New Materials Park within the Hongshagang Energy and Chemical Industrial Concentration Zone.
  • The project is divided into four phases, with Phase 1 including the construction of a 60,000-ton annual production capacity lithium battery graphite anode material production line along with ancillary facilities.
  • The project has an estimated investment of 6.6 billion yuan and is planned to be constructed over five stages.
  • After completion, the project is expected to achieve an annual output value of nearly 600 million yuan and an annual tax payment of about 36 million yuan.
  • The project will create 200 jobs and is expected to inject strong momentum into local economic development.
  • The project will leverage the abundant local wind and solar power resources, promoting the absorption of new energy power and helping Minqin develop a "green electricity + industry" circular economy demonstration zone.
  • The project aims to have the 400,000-ton annual production capacity lithium battery graphite anode material production line and workshops fully completed and operational within three years.

Statistics:

  • Project name: 400,000-ton annual production capacity lithium battery graphite anode material project
  • Location: Minqin County, New Materials Park within the Hongshagang Energy and Chemical Industrial Concentration Zone
  • Estimated investment: 6.6 billion yuan
  • Project duration: Four phases, five stages
  • Annual production capacity: 400,000 tons
  • Expected annual output value: Nearly 600 million yuan
  • Expected annual tax payment: About 36 million yuan
  • Job creation: 200 jobs

Sources:

  • [https://www.minqin.gov.cn/art/2025/8/8/art_465_1499021.html](https://www.minqin.gov.cn/art/2025/8/8/art_465_1499021.html)