Lianyungang Approves EIA for 50,000-ton Spent Lithium Battery Recycling Project

The domestic EV market is currently in a phase of concentrated stockpiling for new models, with orders rebounding notably.

According to Anson on May 14, both Anson’s board and POSCO Holdings’ board have approved the terms of a definitive agreement to build and operate a DLE demonstration plant. The two companies will build the demonstration plant at the Green River Lithium Project site in the Paradox Basin in Utah, the United States. Through the demonstration plant, lithium will be extracted from brine produced from Anson’s Bosydaba #1 well. The companies aim to sign the final agreement within the second quarter and begin operating the plant next year. They plan to carry out demonstration work through 2028 to secure DLE technology.

According to Indonesian state news agency Antara and other local media on May 14, Chief Operating Officer of Hyundai Motor Indonesia (HMID), met with reporters the previous day at an event in Jakarta announcing the winners of the “FIFA World Cup 2026 Test Drive Campaign.” He said, “Since establishing the Karawang battery cell plant, we have had a clear goal of maximizing the use of Indonesia’s nickel resources,” adding that “directly utilizing these resources in industry is a way to contribute to the national economy, and Hyundai Motor fully supports the government’s plan to expand incentives.”