Shijiazhuang Shangtai Technology Co., Ltd.

Chinese maker of graphite anode materials for lithium-ion batteries

What Shijiazhuang Shangtai does

Shangtai Technology makes the black graphite powder that forms the negative electrode inside lithium-ion batteries — one of the four core materials every rechargeable battery needs. It produces artificial graphite and newer silicon-carbon anode material, and sells related carbon products such as petroleum coke recarburizers used in steelmaking. Its materials end up in electric-vehicle power batteries, grid energy-storage systems, and consumer electronics batteries.

How Shijiazhuang Shangtai makes money

It earns revenue by manufacturing and selling anode materials in bulk to lithium battery cell makers in China and abroad, with pricing tied to graphitization capacity, energy costs, and coke feedstock. Secondary carbon products — recarburizers and graphitized crucible fragments — monetize by-products of the same furnace process.

Products & services

• Artificial graphite anode material
• Silicon-carbon anode material
• Graphitized petroleum coke recarburizer
• Semi-graphitized petroleum coke recarburizer
• Graphitized crucible fragments
• Anode materials for power, energy-storage and consumer batteries