BTR New Material 贝特瑞

China · Shenzhen

alternative to POSCO Future M

Natural-graphite, artificial-graphite and silicon-based anode materials for EV, energy-storage and consumer batteries, plus NCM cathode materials. Sold more than 600,000 t of anode material in 2025 and runs an anode plant in Indonesia.

Why it fits

  • Battery Materials
  • Processing
  • Global-ready

Regional alternatives

Product facts

Segment
Battery Materials
Supply-chain stage
Processing
Main end uses
EVs, Electronics

2025 annual report: anode sales above 600,000 t (up 37%) and 782,500 t/yr of anode capacity, 160,000 t of it in Indonesia. EVTank ranks it first in 2025 anode shipments with about a 20% share.

Regulatory & supply-chain notes

Exporting these graphite items from China needs a MOFCOM export licence. Spherical natural graphite, the feedstock for natural-graphite anodes, is on the list.
China export control (MOFCOM) · MOFCOM/GAC Announcement No. 39 of 2023 · in force since 2023-12-01 · source ↗
Was due to require an export licence from 8 Nov 2025; suspended until 10 Nov 2026 by MOFCOM/GAC Announcement No. 70 of 2025.
China export control (MOFCOM) · MOFCOM/GAC Announcement No. 58 of 2025 · suspended until 2026-11-10 · source ↗
Article 2 is suspended until 27 Nov 2026 by MOFCOM Announcement No. 72 of 2025; the licence requirement under Announcement No. 39 of 2023 still applies.
China export control (MOFCOM) · MOFCOM Announcement No. 46 of 2024 (Article 2) · suspended until 2026-11-27 · source ↗

Company & market

Parent company
China Baoan Group
Registered
Shenzhen
Listing
A-share
Ticker
920185.BJ
Market cap / val. (USD)
~$3.4 B
Foreign-investable
No

A China-based alternative to