The Global Power Lithium Manganate Market was valued at US$ 3.6 Billion in 2023 and is projected to reach US$ 7.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period (2024–2030). This significant growth trajectory is primarily fueled by the global surge in electric vehicle (EV) adoption, the expansion of grid-scale energy storage systems, and the increasing demand for high-performance, safe, and cost-effective battery materials.

As the world accelerates its shift toward clean energy and electrification, the demand for advanced lithium-ion battery cathode materials has never been higher. Power Lithium Manganate (LiMn₂O₄), or LMO, stands out for its excellent safety profile, high power output, and lower cost compared to alternatives. In this blog, we profile the Top 10 Companies in the Power Lithium Manganate Industry—a group of specialized material suppliers, chemical giants, and innovation leaders shaping the future of energy storage.

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🔟 1. South Manganese Investment Limited

Headquarters: Nanning, Guangxi, China
Key Offering: High-Purity Electrolytic Manganese Dioxide (EMD), Power Lithium Manganate Precursors

As a subsidiary of the state-owned China Minmetals Corporation, South Manganese Investment Limited is a cornerstone of the global manganese supply chain. The company is a leading producer of electrolytic manganese metal and manganese dioxide, which are critical raw materials for manufacturing Lithium Manganate cathode powder. Its integrated supply chain provides a significant advantage in cost stability and material quality.

Strategic Initiatives:

• Vertical integration from manganese mining to advanced material processing

• Focus on supplying high-purity EMD specifically for the battery industry

• Expansion of production capacity to meet rising demand from EV and ESS sectors

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9️⃣ 2. Guizhou Dalong Huicheng New Material Co., Ltd.

Headquarters: Guiyang, Guizhou, China
Key Offering: Spinel-type Lithium Manganate (LMO) cathode materials

Specializing in lithium battery cathode materials, Guizhou Dalong Huicheng is a key player in the Chinese LMO market. The company’s focus is on producing spinel-structure LMO known for its high thermal stability and excellent rate capability, making it ideal for power-intensive applications like electric buses and power tools.

Strategic Initiatives:

• Development of high-tap-density LMO for improved battery energy density

• Strategic partnerships with major domestic battery cell manufacturers

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8️⃣ 3. Xiangtan Electrochemical Scientific Co., Ltd.

Headquarters: Xiangtan, Hunan, China
Key Offering: Lithium Manganate, Lithium Cobalt Oxide, and other cathode materials

With decades of experience in the electrochemical industry, Xiangtan Electrochemical is one of China’s pioneering cathode material producers. The company offers a diversified portfolio but maintains a strong position in LMO production, leveraging its deep expertise in material synthesis and quality control.

Strategic Initiatives:

• Continuous R&D into improving the cycle life of LMO materials

• Certified supplier to several Tier-1 lithium-ion battery makers in Asia

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7️⃣ 4. Xinxiang Hongli Supply Source Technology Co., Ltd.

Headquarters: Xinxiang, Henan, China
Key Offering: Nano-coated Lithium Manganate, High-Voltage LMO

Xinxiang Hongli specializes in advanced material modification technologies. The company is recognized for its nano-coating processes applied to LMO particles, which significantly enhance the material’s stability and longevity by mitigating manganese dissolution—a common challenge with traditional LMO chemistry.

Strategic Initiatives:

• Proprietary surface coating and doping technologies

• Focus on developing LMO blends for next-generation high-safety batteries

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6️⃣ 5. Jiaozuo Banlu NA-NO Material Engineering Company Limited

Headquarters: Jiaozuo, Henan, China
Key Offering: Ultra-fine Lithium Manganate Powder, Customized Cathode Formulations

Jiaozuo Banlu focuses on the nanomaterial engineering of battery components. The company produces ultra-fine and high-purity Lithium Manganate powders that offer superior electrochemical performance due to their controlled particle size distribution and high crystallinity.

Strategic Initiatives:

• Advanced control over particle morphology for optimized battery performance

• Collaborative R&D with academic institutions for material innovation

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5️⃣ 6. Guangdong Guanghua Sci-Tech Co., Ltd.

Headquarters: Shantou, Guangdong, China
Key Offering: Lithium Manganate, NCM cathode materials

Listed on the Shenzhen Stock Exchange, Guangdong Guanghua Sci-Tech is a comprehensive supplier of lithium battery materials. The company has a robust production base for LMO and is actively expanding its capacity to serve the growing markets for consumer electronics, EVs, and energy storage systems.

Strategic Initiatives:

• Public funding and capital investment for capacity expansion

• Diversified product portfolio to cater to various battery market segments

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4️⃣ 7. Shenzhen Fluence Technology PLC.

Headquarters: Shenzhen, Guangdong, China
Key Offering: Power-type LMO, Energy Storage LMO

Shenzhen Fluence Technology is a technology-driven company focused on developing and manufacturing advanced lithium battery materials. It distinguishes itself through its targeted product lines, offering specific LMO grades optimized either for high-power applications or for long-cycle-life energy storage.

Strategic Initiatives:

• Tailoring material properties for specific application requirements (power vs. energy)

• Strong presence in the booming South China battery manufacturing hub

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3️⃣ 8. Anhui Boshi High-Tech New Material Co., Ltd.

Headquarters: Chizhou, Anhui, China
Key Offering: Single-crystal Lithium Manganate, Doped LMO variants

Anhui Boshi specializes in high-performance cathode materials, with a particular emphasis on single-crystal LMO. This form of LMO offers enhanced structural integrity, which translates to better cycling performance and safety—a critical factor for automotive and high-end applications.

Strategic Initiatives:

• Pioneering the commercialization of single-crystal LMO technology

• Investment in automated production lines for consistent high quality

Download FREE Sample Report:
Global Power Lithium Manganate Market – View in Detailed Research Report

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2️⃣ 9. QingDao Qianyun high-tech New Material Co., Ltd.

Headquarters: Qingdao, Shandong, China
Key Offering: Lithium Manganate for Power Tools, High-Temperature LMO

QingDao Qianyun has carved a niche by focusing on LMO formulations that excel in demanding environments. Its materials are particularly suited for power tools that require high discharge rates and for applications where thermal stability is paramount.

Strategic Initiatives:

• Developing LMO compositions with improved high-temperature performance

• Strong supply relationships with leading power tool battery manufacturers

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1️⃣ 10. Guizhou Best New Energy Materials Co., Ltd.

Headquarters: Guiyang, Guizhou, China
Key Offering: Lithium Nickel Manganese Oxide (LNMO), Blended Cathode Materials

Guizhou Best New Energy is at the forefront of next-generation manganese-based cathode materials. While producing standard LMO, the company is heavily invested in developing high-voltage Lithium Nickel Manganese Oxide (LNMO or High-Voltage Spinel), which promises higher energy density and lower cost by using more nickel and less cobalt.

Strategic Initiatives:

• Leading R&D in LNMO (5V-class cathode material) technology

• Creating blended cathode materials that combine the safety of LMO with the energy of NCM

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🌍 Outlook: The Future of Power Lithium Manganate is High-Performance and Sustainable

The Power Lithium Manganate market is experiencing a renaissance, driven by a renewed focus on battery safety, cost reduction, and resource sustainability. While high-nickel NCM and NCA cathodes dominate headlines for energy density, LMO’s intrinsic advantages in safety, power, and cobalt-free chemistry secure its vital role in the energy transition.

📈 Key Trends Shaping the Market:

• Rising demand for LMO in blended cathodes (e.g., LMO+NCM) to balance safety and energy density in EV batteries.

• Accelerated adoption in stationary energy storage systems (ESS), where cycle life and safety are more critical than ultra-high energy density.

• Intensive R&D into advanced LMO formulations, including surface coatings, elemental doping, and high-voltage spinel (LNMO), to overcome limitations in energy density and cycle life.

• Geographic expansion of production facilities outside of China to create more resilient and localized supply chains.

Get Full Report Here:
Global Power Lithium Manganate Market – View in Detailed Research Report

The companies listed above are not only supplying a critical battery material—they are enabling a safer, more affordable, and sustainable path for global electrification.