Tianqi Shares Expands Lithium Battery Recycling Business Through Partnership with Vehicle Manufacturers

Published: Dec 15, 2023 09:35

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On December 15th, Tianqi shares stated on the investor interaction platform that the company's lithium battery recycling business includes lithium battery recovery, cascading utilization, and recycled utilization services. According to the extended producer responsibility (EPR) system for automotive products, the vehicle manufacturers bear the primary responsibility for the recycling of power batteries. At present, the company is actively establishing battery recycling channels and deeply integrating with vehicle manufacturers and battery manufacturers through equity cooperation to jointly build battery recycling and wet-chemical metallurgical recycling plants for initial processing.

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