Battery recycling company SungEel HiTech will begin its lithium iron phosphate (LFP) battery recycling business by the end of this year.
According to battery industry sources on May 10, SungEel HiTech has confirmed plans to build an LFP battery recycling pilot line at its Gunsan plant by the end of this year. The line is planned to have an annual production capacity of around 500 mt.
![Cobalt Product Prices Largely Stable, Cobalt Intermediate Products Firm Amid Shipping Disruptions — What Are Expectations for Future Cobalt Prices? [Weekly Review]](https://imgqn.smm.cn/usercenter/MaxcL20251217171730.jpg)


