SMM

Recently, the recycling market has seen the following events:

[50,000 mt/year Power Battery Comprehensive Utilisation Project Launched in Zhejiang] Zhejiang Zhongshen Environmental Protection Technology Co., Ltd. is utilising 50 mu of existing industrial construction land. The total investment for the project is 350 million yuan. The company plans to purchase internationally advanced battery pack automatic disassembly lines, primary harmless crushing lines, grinding and crushing lines, powder packaging machines, intelligent AGVs, information traceability systems, automatic testing equipment, laboratory R&D equipment, and corresponding auxiliary facilities, forming an annual comprehensive utilisation capacity of 50,000 mt of waste power batteries.

[60,000 mt New Energy Lithium Battery Cascade Utilisation Project Environmental Assessment] Sichuan Juchangtong New Energy Technology Co., Ltd., established on October 16, 2024, is expected to build a new project with an annual processing capacity of 60,000 mt for the cascade utilisation of new energy lithium batteries. The company's main business includes the recycling and cascade utilisation of waste power batteries (excluding hazardous waste operations).

[50,000 mt Waste Lithium-ion Battery Disassembly and Recycling Project Environmental Assessment] Recently, Tongling Deli New Energy Technology Co., Ltd. announced the first public notice of the environmental assessment for its waste lithium-ion battery disassembly and recycling project. The project mainly involves the purchase of crushing low-temperature volatilisation equipment and powder sorting units, and the construction of two waste lithium-ion battery disassembly and recycling production lines, forming an annual processing capacity of 50,000 mt of waste lithium-ion batteries. The total investment for the project is 1.25 billion yuan.

[100,000 mt LMFP Material Project to Be Commissioned Soon] The lithium battery industrial park manufacturing base in Changzhi High-tech Zone, Shanxi Province, has been accelerating construction since the project commenced in February this year. The project, with an annual capacity of 100,000 mt of LMFP cathode active materials, has now completed 95% of the engineering work.

[50,000 mt Lithium Battery Recycling Project Launched in Zhejiang] Recently, the Zhejiang Provincial Department of Ecology and Environment officially announced the public participation information for the environmental impact assessment of Zhejiang Zhongshen Environmental Protection Technology Co., Ltd.'s project for the annual comprehensive utilisation of 50,000 mt of power batteries.