LB Group Launches 20,000 m³ Vanadium Electrolyte Project in Jiaozuo, Strengthening China’s Energy Storage Supply Chain
Date: 31 Mar 2026 |
Source: ASIACHEM, 31 March 2026
On 28 March 2026, LB Group announced the commissioning of its 20,000 cubic metre per annum vanadium electrolyte project at the Scandium–Vanadium New Materials Industrial Park in the Jiaozuo Economic and Technological Development Zone, marking a key milestone in the development of China’s energy storage materials sector.
The commissioning ceremony was held alongside the official opening of the industrial park and the launch of Henan Dongkang New Energy Materials Technology Co., Ltd., underscoring LB Group’s strategic expansion into high-value critical materials and advanced energy storage solutions.
Strategic Investment in Advanced Materials
The industrial park represents a total investment of RMB 1.08 billion and spans approximately 200 mu (≈13 hectares). It will be developed in three phases:
- Phase I:
- 2,500 tonnes/year of high-purity vanadium pentoxide (V₂O₅)
- 20,000 m³/year vanadium electrolyte
- 2,000 tonnes/year aluminium pellets
- Phase II:
- Expansion into scandium fluoride and aluminium-based master alloys
- Additional 40,000 m³ vanadium electrolyte capacity
- Phase III:
- Development of high-performance scandium-containing aluminium alloys
Upon full completion, the project is expected to generate annual revenues of RMB 1.767 billion, contribute RMB 126 million in taxes, and create 358 jobs, supporting the development of a billion-scale advanced materials industrial cluster in Jiaozuo.
Strengthening the Vanadium Flow Battery Supply Chain
The project underscores LB Group’s commitment to building a vertically integrated “Scandium–Vanadium–Aluminium” industrial chain. Leveraging its global leadership in titanium dioxide and vanadium-bearing resources, the company is well positioned to scale production of critical materials for energy storage.
Vanadium electrolyte is a core component of vanadium flow batteries (VFBs)—a mature and highly promising long-duration energy storage technology. These systems enable flexible energy storage and discharge, making them essential for grid stability and the transition to low-carbon energy systems.
Technology and Competitive Advantage
Henan Dongkang’s production is supported by LB Group’s proprietary technology for extracting vanadium from titanium dioxide waste acid, combined with deep expertise in hydrometallurgy. This enables:
- Stable, large-scale production capacity
- Cost-efficient manufacturing
- Secure supply of high-purity electrolyte
The project is expected to play a critical role in ensuring upstream material supply for China’s growing VFB industry, while also supporting advancements in aerospace materials and hydrogen energy applications.