Greatpower Technology
Greatpower Technology is a Shanghai-headquartered, vertically integrated Chinese manufacturer of battery-grade nickel sulfate, cobalt sulfate, lithium chemicals, ternary precursors, and cathode materials for lithium-ion batteries serving global EV, energy storage, and consumer electronics manufacturers.
- Company typePrivate
- Founded2006
- HeadquartersShanghai, China
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Greatpower Technology does
Greatpower Technology (上海格派镍钴材料股份有限公司) is a Shanghai-headquartered, vertically integrated Chinese manufacturer of battery materials founded in 2006. The company produces battery-grade nickel sulfate, cobalt sulfate, lithium carbonate, lithium hydroxide, ternary precursors (NCM 523, 622, 811), lithium cobalt oxide, lithium manganate, and electrolytic copper for lithium-ion batteries serving electric vehicle, energy storage, and consumer electronics applications. Manufacturing is distributed across six Chinese provinces — Shanghai, Zhejiang, Anhui, Jiangxi, Jiangsu, and Guangxi — supplemented by international operations in Vietnam, the Democratic Republic of Congo, Madagascar, Zimbabwe, Qatar, Kenya, and Australia.
The company pivoted from non-ferrous metals trading into integrated manufacturing through the 2016 acquisition of Zhejiang Galico Cobalt and Nickel and a joint venture with Jinchuan Group (Asia's largest nickel-cobalt producer). It now operates a closed-loop value chain spanning upstream resource partnerships (cobalt hydroxide from DRC via Pengxin Resources, lithium spodumene from Australia and Nigeria, nickel sulfide trading exceeding 100,000 tons annually, ranking #2 in China), midstream chemical processing, downstream cathode material production, and battery recycling in Anhui Xiaoxian. Revenue is generated through direct B2B enterprise sales to battery and cathode material manufacturers, anchored by long-term volume-committed supply agreements — most notably a six-year nickel supply contract with LG Energy Solution starting 2023 covering approximately 370,000 EVs. Pricing follows Metal Bulletin commodity benchmarks rather than tiered public pricing.
Technology development centers on battery chemistry with early-stage solid-state battery materials R&D, hundreds of invention patents, and peer-reviewed publications in JACS, Joule, and Angewandte Chemie. The company maintains ISO 9001/14001/45001 and IATF 16949 certifications across all production bases, AEO Advanced Certification for customs, and is a founding member of the OECD-backed Responsible Cobalt Initiative alongside Apple, HP, Huawei, Samsung SDI, and L&F. Research collaborations span Stanford University, Tokyo University, Chinese Academy of Sciences, and five additional Chinese universities.
Greatpower Technology firmographics
Firmographics- Name
- Greatpower Technology
- Legal name
- 上海格派镍钴材料股份有限公司
- Website
- https://greatpowercn.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Greatpower Technology is a Shanghai-headquartered, vertically integrated Chinese manufacturer of battery-grade nickel sulfate, cobalt sulfate, lithium chemicals, ternary precursors, and cathode materials for lithium-ion batteries serving global EV, energy storage, and consumer electronics manufacturers.
- Ownership category
- akta.pro rank
Greatpower Technology industry classification
Industry- Product category
- Battery Materials
- NAICS
- Battery Manufacturing (33591), Battery Manufacturing (335910)
- SIC
- Miscellaneous Chemical Products (2890), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI)
- akta.pro secondary industries
- Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid) (EUAMALAE), Automotive Batteries & 12V/Low-Voltage Energy Storage Manufacturing (IMACAJAJ)
Keywords
Where Greatpower Technology is headquartered
LocationHeadquarters
- HQ city
- Shanghai
- HQ country
- China
- HQ region
- Asia
Offices6 records
Markets served
Greatpower Technology business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Infrastructure, Personnel
Revenue model
- Nickel, Cobalt, Lithium Materials Sales: Trading and manufacturing of battery-grade nickel sulfate, cobalt sulfate, lithium carbonate, lithium hydroxide, and related chemicals. Started as trading company in 2006, evolved to manufacturing with acquisitions including Zhejiang Galico Cobalt Nickel in 2016.
- Ternary Precursor and Cathode Materials: Production and sales of NCM/NCA precursors, lithium cobalt oxide, lithium manganate, and other cathode materials for lithium-ion batteries used in EVs and energy storage.
- Copper and Electrolytic Products: Electrolytic copper production for conductivity applications including wires, circuit boards, CPU cooling devices, and heat pipes.
- Battery Recycling and Cascade Utilization: Full life-cycle management of retired power batteries including cascade utilization and regeneration services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Direct B2B sales model with quoted pricing based on market conditions |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Greatpower Technology product offering
Product offeringCore offering
Greatpower Technology manufactures and sells battery-grade nickel, cobalt, and lithium chemicals along with ternary precursors and cathode materials for lithium-ion batteries used in electric vehicles, energy storage, and consumer electronics. The company operates a vertically integrated production chain spanning upstream resource procurement (DRC, Australia, Nigeria), refining and chemical processing (cobalt salts, nickel salts, lithium compounds), and downstream cathode materials, supported by recycling and cascade utilization services.
Product overview
Greatpower Technology is a comprehensive new energy materials enterprise providing a full industrial chain of battery materials. The portfolio includes cobalt-based materials (cobalt sulfate, cobalt chloride, cobalt tetroxide, electrolytic cobalt, cobalt oxide, cobalt hydroxide), lithium-based materials (lithium carbonate, lithium hydroxide, lithium metal, lithium chloride), nickel-based materials (nickel sulfate, nickel hydroxide, nickel chloride, nickel concentrate, high nickel matte), and cathode materials (ternary precursors, lithium cobalt oxide, lithium manganate). The company also produces electrolytic copper. These products form a complete supply chain from raw materials to processed materials for power batteries, energy storage batteries, and consumer batteries. The company operates manufacturing bases in Zhejiang Shangyu, Jiangsu, Jiangxi Ganzhou, Anhui Xiao County, Vietnam Haiphong, and the Democratic Republic of Congo.
Differentiator
Problem solved
Functional benefit
Products and services
- Battery-grade Cobalt Materials Production and sale of battery-grade cobalt products including cobalt sulfate (CoSO4·7H2O, rose red monoclinic crystal for ternary precursors), cobalt chloride (CoCl2, CoCl2·6H2O for analysis reagent and humidity indication), cobalt tetroxide / cobalt oxide (Co3O4 black or grayish black powder for cathode materials), electrolytic cobalt (shiny steel gray ferromagnetic metal for power battery materials), cobalt oxide (black gray hexagonal powder for power battery materials), and cobalt hydroxide (Co(OH)2 for power battery materials). Targeted at ternary precursor and cathode material manufacturers and battery cell producers.
- Battery-grade Lithium Materials Production and sale of battery-grade lithium products including lithium carbonate (colorless monoclinic crystal or white powder, common raw material for lithium-ion batteries), lithium hydroxide (white monoclinic fine crystal with strong alkalinity for battery production), lithium metal (silver white soft metal for atomic reactors, light alloys, and batteries), and lithium chloride (used as flux, desiccant, chemical reagent, and in fireworks, dry batteries, and lithium metal production). Targeted at lithium-ion battery manufacturers and battery cathode material producers.
- Battery-grade Nickel Materials Production and sale of nickel products including nickel sulfate (green crystal tetragonal compound mainly used for producing ternary precursors and applied in electroplating), nickel hydroxide (reducing hydroxide for power battery materials), nickel chloride (nickel chloride compound for various industrial applications), nickel concentrate (concentrated nickel ore for nickel production), and high nickel matte (spindle shaped brittle product with bright metallic luster for producing electrolytic nickel, nickel oxide, ferronickel, nickel alloy, and various nickel salts). Targeted at ternary precursor manufacturers, battery cell producers, and electroplating industry.
- Ternary Precursors (NCM) NCM precursor materials (523, 622, 811) used as cathode precursors for energy storage devices of new energy vehicles, lithium batteries, notebooks, digital cameras, drones, robots, solar energy, wind energy, and communication equipment. Targeted at lithium-ion battery cathode material manufacturers.
- Lithium Cobalt Oxide and Lithium Manganate Cathode Materials Cathode materials for lithium-ion batteries including lithium cobalt oxide and lithium manganate. Targeted at lithium-ion battery cell manufacturers.
- Electrolytic Copper Pure metal copper with good electrical conductivity (second only to silver) used as wire, circuit board, and in cooling devices (CPU cooling and heat pipes). Targeted at electrical, electronics, and thermal management industries.
- Battery Recycling and Cascade Utilization Services Full life-cycle management of retired power batteries including cascade utilization and regeneration services. Targeted at battery manufacturers, EV OEMs, and energy storage operators with end-of-life battery assets.
Quantifiable outcome
- ~370,000 EVs worth of nickel supply secured via LG partnership
- +2 more outcomes
Companies that use Greatpower Technology
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Greatpower Technology technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Greatpower Technology partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, major and minor.
- Chariot ResourcescorePartnership on Nigeria lithium project with 200,000 tons/year lithium spodumene concentrate offtake. Includes exploration, JORC-compliant resource estimation, and local processing plant planning in Nigeria.
- H.E. Khalid Bin Mohammed Al Attiyah / SANWU Holding GroupcoreMiddle East partner and board chairman of SANWU Holding Group. Former Qatar Deputy Prime Minister and Minister of Defense. Facilitating partnerships across Middle East, Africa, and Belt and Road countries for new energy materials and energy storage systems.
- Scorpion Minerals (SCN)majorStrategic cooperation MOU signed for Western Australia lithium project. Full-chain deep collaboration on potentially significant hard rock lithium deposit.
- Jinchuan GroupmajorStrategic cooperation with Asia's largest nickel-cobalt group and power battery materials group. Technical team support for manufacturing. Established Greatpower Jinchuan Advanced Battery Materials Corporation in 2016.
- Pengxin ResourcesmajorStrategic cooperation framework agreement for cobalt raw material supply. 30% of primary cobalt hydroxide from DRC SMCO production to be supplied for 5 years. Downstream cooperation on technology R&D and new product production lines.
- Galaxy ResourcesminorLong-term cooperation with Australian Galaxy Resources for high-quality spodumene resources.
- Stanford University, Tokyo University, Central South University, Chinese Academy of Sciences, Nanjing University, Zhejiang University, Jiangnan UniversitycoreResearch cooperation with famous domestic and foreign universities. Tracks research frontiers of new energy basic theory, material innovation and industrial policy. Joint research on battery materials and next-generation technologies including solid-state batteries.
Scale indicators8 records
Recent moves12 records
Expansion highlights7 records
Greatpower Technology competitors and assessment
Company assessmentDirect peers
- Huayou Cobalt: Huayou Cobalt is China's largest cobalt/nickel materials producer with integrated mine-to-cathode operations in DRC and Indonesia. Most directly comparable to Greatpower on cobalt/nickel sulfates, ternary precursors, and ESG-certified supply chains serving LG, Samsung, and L&F.
- CNGR Advanced Material: CNGR is China's leading ternary precursor producer (NCM/NCA) supplying LG, Samsung SDI, and other tier-1 battery makers. Direct competitor to Greatpower in precursor manufacturing with larger scale and similar customer profile.
- GEM Co. GEM is a leading battery materials and recycling company producing nickel/cobalt sulfates and NCM precursors with significant recycling operations. Comparable to Greatpower across both battery chemicals manufacturing and end-of-life battery recycling businesses.
- Ganfeng Lithium: Ganfeng is a top global lithium chemicals producer (carbonate, hydroxide, metal) with integrated upstream resources in Australia, Argentina, and Africa. Comparable to Greatpower's lithium carbonate/hydroxide product line and resource-secured supply strategy.
- Tianqi Lithium: Tianqi is a major lithium chemicals and resource company with stakes in Greenbushes (Australia) and SQM (Chile). Comparable to Greatpower on lithium carbonate/hydroxide production and global resource partnerships.
- Easpring Material Technology (当升科技): Easpring (Beijing Dangsheng) is a Chinese cathode materials producer (NCM, NCA, LFP) serving LG Energy Solution, SK On, and BYD. Direct competitor in cathode materials with overlapping LG Energy Solution customer base.
- Ronbay Technology: Ronbay Technology is a high-nickel ternary cathode materials (NCM811, NCA) producer with major Korean battery maker customers. Comparable to Greatpower on high-nickel single crystal cathode technology and tier-1 customer strategy.
Broad incumbents
- POSCO Future M: POSCO Future M is a large integrated Korean cathode materials producer (NCM, NCA) and precursors serving LG, Samsung SDI, and SK On. Larger and broader incumbent in the same cathode/precursor space as Greatpower's ternary precursor business.
- Umicore: Umicore is a Belgian global materials technology company producing NCM cathode materials, precursors, and recycling. Comparable as a broader incumbent in battery materials with stronger scale and Western OEM relationships versus Greatpower.
- Sumitomo Metal Mining: Sumitomo Metal Mining is a Japanese nickel/cobalt refiner and cathode materials (NCA) producer supplying Panasonic/Tesla. Comparable to Greatpower on nickel sulfate, cobalt refining, and high-nickel cathode materials with longer operating history.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Greatpower Technology social profiles
Digital presenceGreatpower Technology compliance and trust
Trust signalCompliance6 records
Greatpower Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Greatpower Technology leadership team
Management profileNumber of profiles
Profiles6 records
Greatpower Technology subsidiaries and ownership
Company hierarchySubsidiaries4 records
Greatpower Technology funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Greatpower Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Greatpower Technology
What does Greatpower Technology do?
Greatpower Technology manufactures and sells battery-grade nickel, cobalt, and lithium chemicals along with ternary precursors and cathode materials for lithium-ion batteries used in electric vehicles, energy storage, and consumer electronics. The company operates a vertically integrated production chain spanning upstream resource procurement (DRC, Australia, Nigeria), refining and chemical processing (cobalt salts, nickel salts, lithium compounds), and downstream cathode materials, supported by recycling and cascade utilization services.
Is Greatpower Technology a public or private company?
Greatpower Technology is a private company. It is classified as venture growth investor backed and is currently operating.
When was Greatpower Technology founded?
Greatpower Technology was founded in 2006. It employs 101 to 250 people.
Where is Greatpower Technology based?
Greatpower Technology is headquartered in Shanghai, China, in the Asia region.
How does Greatpower Technology make money?
Four revenue lines are on record. Nickel, Cobalt, Lithium Materials Sales are the primary driver. The others are ternary Precursor and Cathode Materials, copper and Electrolytic Products and battery Recycling and Cascade Utilization.
Who are Greatpower Technology's main competitors?
Direct peers on record are Huayou Cobalt, CNGR Advanced Material, GEM Co., Ganfeng Lithium, Tianqi Lithium, Easpring Material Technology (当升科技) and Ronbay Technology. Broad incumbents are POSCO Future M, Umicore and Sumitomo Metal Mining.
Does Greatpower Technology have an API?
No public API is recorded for Greatpower Technology.
What industry is Greatpower Technology in?
Greatpower Technology's product category is Battery Materials. Its primary akta.pro industry code is IMAKAFAI, Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate), with a secondary code of EUAFABAA, Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite). Its NAICS code is 33591 and its SIC code is 2890.