SMM April 23 Storage Battery Market Express

[Secondary lead production update] A small secondary lead smelter in south-west China has resumed its dismantling line and is expected to restart its crude lead smelting line after the National Day holiday.

[Waste Lead-Acid Battery Market Dynamics] Recently, the Yancheng Social Labor Insurance Center issued a notice on battery retirement and disposal. In accordance with relevant regulations on fixed asset management of administrative institutions, our unit plans to publicly dispose of a batch of batteries that have reached retirement standards. Bidders are required to hold a valid Hazardous Waste Operation Permit with approved category including HW31 (900-52). This reflects the accelerated standardized recycling of waste lead-acid batteries by administrative institutions and public agencies, with hazardous waste qualification becoming a mandatory threshold.

[Waste Lead-Acid Battery Market Update] Recently, the Heyuan Municipal Ecology and Environment Bureau issued the "Notice on Regulating the Management of Waste Lead-Acid Batteries." According to the Ecological Environment Code of the People's Republic of China, enterprises and public institutions that engage in the collection and storage of waste without a permit may be fined 200,000-1 million yuan; those that engage in utilization and disposal operations without a permit may be fined 1-5 million yuan and ordered to suspend operations or shut down, with responsible persons fined 100,000-1 million yuan; if the act constitutes a crime, criminal liability shall be pursued in accordance with the law.