---
title: "CITIC Securities: Black phosphorus is an excellent battery anode material, actively expanding applications in emerging fields"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255406937.md"
description: "CITIC Securities released a research report stating that black phosphorus is an excellent battery anode material with broad application potential, especially in batteries, flame retardants, catalysis, pharmaceuticals, and electronics. The theoretical specific capacity of black phosphorus can reach 2596mAh/g, it has good fast charging safety, and it also shows promising prospects in optical sensing chips and biomedicine. Domestic companies are actively making breakthroughs in the industrial preparation of black phosphorus, and Xingfa Chem's project has made significant progress"
datetime: "2025-09-01T06:07:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255406937.md)
  - [en](https://longbridge.com/en/news/255406937.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255406937.md)
---

# CITIC Securities: Black phosphorus is an excellent battery anode material, actively expanding applications in emerging fields

According to the Zhitong Finance APP, Guotai Junan has released a research report stating that black phosphorus is an excellent layered material with outstanding optoelectronic properties, showing application potential in battery materials, flame retardants, catalysis, pharmaceuticals, electronics, and other fields. Black phosphorus has a high theoretical capacity and good safety for fast charging, making it an excellent battery anode material. Companies that are advancing in the industrialization of black phosphorus preparation processes in China are expected to benefit. The preparation conditions for black phosphorus are stringent, and domestic enterprises are actively breaking through the industrialization process of black phosphorus.

## Guotai Junan's main viewpoints are as follows:

**Black phosphorus is an excellent layered material**

Black phosphorus is a stable allotrope of phosphorus at normal temperature and pressure, belonging to the orthorhombic crystal system. It consists of a honeycomb network formed by covalently bonded interlayer phosphorus atoms, with relatively weak van der Waals forces binding the layers together. Therefore, black phosphorus can be exfoliated into monolayer or few-layer structures. This unique wrinkled structure endows black phosphorus with significant anisotropy, giving it considerable application potential in batteries, flame retardants, catalysis, pharmaceuticals, electronics, and other fields.

**Demand side: Black phosphorus is an excellent battery anode material, with active development in flame retardants, catalysis, pharmaceuticals, electronics, and other fields**

Black phosphorus has the combined advantages of high capacity and fast charging, making it an excellent battery anode material. The theoretical capacity of black phosphorus reaches 2596mAh/g, far exceeding that of carbon-based materials like graphite, and it has great prospects for enhancing battery energy density. The higher lithiation potential and lithium diffusion coefficient of black phosphorus reduce the risk of lithium dendrite formation, effectively improving fast charging safety. Black phosphorus has good flame retardant effects, achieving satisfactory results with a lower additive amount. In the field of optical sensing chips, black phosphorus has broad application prospects due to its unique physicochemical properties, such as direct bandgap, high carrier mobility, and tunable infrared absorption. In the biopharmaceutical field, black phosphorus serves as an excellent drug carrier, and studies have verified its anti-tumor effects at the cellular and animal levels. The application of black phosphorus in biomedicine is in the preliminary development stage.

**Supply side: The preparation conditions for black phosphorus are stringent, and domestic industrialization processes are actively breaking through**

Domestic enterprises are actively breaking through the industrialization process of black phosphorus preparation. Among them, Xingfa Chem's black phosphorus project is steadily advancing, with the company having established a 100-kilogram black phosphorus scale-up experimental device, achieving stable production of black phosphorus crystals at the hundred-kilogram level in a single batch, and continuously significantly reducing production costs. The company's "100 tons/year high stability two-dimensional black phosphorus preparation technology development project" is in the process optimization stage. Currently, Xingfa Chem and its partners are focusing on research and industrialization of black phosphorus applications in fields such as catalysts, new energy anode materials, flame retardants, chips, and biomedicine. Ruifeng High Materials, relying on its holding subsidiary Shandong Ruifeng Yueneng, plans to complete the normal operation of the hundred-kilogram device by 2024 and is currently constructing a ton-level pilot production line to continue promoting the low-cost industrialization of black phosphorus.

**Catalysts:** The industrialization and scaling process of black phosphorus is accelerating, with breakthroughs in downstream applications of black phosphorus.

**Risk Warning:** The industrialization process of black phosphorus may not meet expectations, and the promotion of downstream applications of black phosphorus may face obstacles

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