Recently, Hefei Youngy Power Battery Recycling Co., Ltd. announced the environmental impact assessment for the 500,000-tonne retired power lithium battery recycling, cascading utilization, and regeneration project.
The total investment of the project is about Yuan 5.5 billion, covering an area of 708.7 acres. It will build new workshops and production lines for lithium battery recycling, cascading utilization, dismantling, ternary precursor, iron phosphate, lithium carbonate, as well as supporting warehouses, and administrative service facilities.
The project has an annual production capacity of 2 GWh cascade utilization batteries, 30,000 tons of NCM precursor materials, 20,000 tons of industrial-grade lithium carbonate, 70,000 tons iron phosphate, and 10,0000 tons of carbon anode materials.
Edited by Cassie Li, lixiangying@mysteel.com