On the evening of January 4th, GEM announced that the shipment volume of its core product, ternary precursor, exceeded 170,000 tons in 2023, a year-on-year increase of more than 10%. The company's power battery recycling and cascading utilization business takes the leading role of the world, with over 27,000 tons (3 GWh or more) of power batteries recycled and dismantled throughout the year, a year-on-year increase of over 50%. The capacity expansion of lithium carbonate recycling reached 10,000 tons per year, and the lithium recovery rate exceeded 95%.
Edited by Cassie Li, lixiangying@mysteel.com