XMWY Rare Earth Materials Technology Group was established in 1982. In November 2002, the company's stock was listed on the Shanghai Stock Exchange.
As of the end of 2018, XMWY has 32 holding subsidiaries and 1 branch, with a national tungsten material engineering technology center, a national high-end energy storage material national and local joint engineering research center, a rare earth engineering technology center and three post-doctoral workstations. The company is a national key high-tech enterprise, the national torch plan tungsten material industry base, and the first batch of national demonstration enterprises for the development of circular economy. It is one of the five major rare earth groups in the country.
Lithium battery cathode materials and Ni-MH battery anode material (hydrogen storage alloy) Products
Two major product lines have been built: lithium battery anode materials and nickel-metal hydride battery anode materials (hydrogen storage alloys). The lithium battery cathode materials cover mainstream varieties such as lithium cobaltate, ternary materials, lithium manganate and lithium iron phosphate. Xiamen Tungsten has an annual production capacity of 5,000 tons of hydrogen storage alloy and 12,000 tons of lithium battery anode materials. The products have successfully entered well-known domestic and foreign enterprises such as Panasonic, Samsung, CATL, etc., and become one of the major automotive power battery material suppliers in China.
Hydrogen storage alloy powder
To be applied to the fields of civilian nickel-metal hydride batteries and HEV, the domestic market share ranks first.
LiMnO
Mainly used in the market of power tools and electric bicycles.
Ternary material: lithium cobalt oxide battery lithium cobalt oxide LiCoO2, nickel cobalt cobalt manganese lithium Li (NiCoMn) O2
It is mainly used in notebook computers, mobile phone batteries, power tools, new energy vehicles and other fields, and has been exported to Japan, South Korea and other countries.
Lithium Iron Phosphate
Suitable for energy storage batteries, electric tools, electric vehicles, etc.
The company's tungsten material industry's main product capacity is in a global leading position, of which the annual production capacity of tungsten smelting products is 30,000 tons, ranking first in the world; the export volume of cemented carbide accounts for more than 30% of the country, and the market share of tungsten wire for lamps is 70%. Ranked first in the world. In the field of rare earth industry, as one of the six major rare earth groups in the country, the company has formed a relatively complete industrial system from the development of rare earth mines, smelting separation, rare earth functional materials and scientific research applications. In the field of battery materials, the company has an annual capacity of 40,000 tons of lithium battery cathode materials and an annual sales volume of 35,000 tons. It ranks in the forefront of domestic production and sales and is the most competitive energy new material industry base in China.
The XMWY industry has determined its strategic positioning focusing on three core businesses: tungsten and molybdenum, new energy materials and rare earths.