Recently, the annual processing of 50,000 tonnes of lithium-ion battery scrap recycling project at Guizhou Xingmao New Materials Co., Ltd. has been officially put into operation! It's reported that the project started construction in February 2023, with a total investment of Yuan 400 million. After the project is fully completed and put into operation, it can process 50,000 tonnes of retired power lithium-ion batteries annually, including 30,000 tonnes of recycled NCM batteries and 20,000 tonnes of recycled LFP batteries; It can also produce related series of battery materials such as cobalt, nickel, lithium, manganese, and recycle copper and aluminum waste metal and leaching residue (carbon powder).
Edited by Cassie Li, lixiangying@mysteel.com
