Shandong Welcomes 20,000 Tons of Waste Lithium Battery Recycling Project

【20,000 Tons of Battery Recycling Project Settles in Shandong】Recently, Shandong Fengrong New Materials Co., Ltd. held a meeting to advance the 20,000 tons of waste lithium battery recycling project, promoting the rapid implementation of the project.

In July of last year, Shandong Fengrong New Materials Co., Ltd. announced a waste lithium battery recycling project.

The project is planned to invest 600 million yuan, with the first phase of the construction of 4 automotive lithium battery recycling and disassembly lines, capable of processing 20,000 tons of waste lithium batteries annually; and the second phase will involve the construction of 2 positive and negative electrode resource comprehensive utilization production lines.