【SMM Analysis】This week's news for LIB recycling

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This week's recycling event progress is as follows:

1. The Longyan used battery project is about to start trial production. Recently, at the construction site of the GAC Zijin New Energy Battery Comprehensive Utilization Project in the Jiaoyang New Material Industry Park of Shanghang Industrial Park in Longyan, the equipment installation of the crushing workshop has entered the final stage. The project has a total investment of 1.16 billion yuan and is built in two phases. The first phase has a construction scale of 20,000 tons of annual processing of retired lithium iron phosphate batteries. The project uses advanced process technology to comprehensively recycle and reuse retired lithium batteries, with main products including lithium iron phosphate, lithium carbonate, etc.

2. The Hubei 50,000-ton lithium iron phosphate cathode material project is progressing smoothly. Recently, the first batch of equipment for the Hubei Ruipai New Energy Technology Co., Ltd. 50,000-ton annual production of lithium iron phosphate cathode materials has entered the site, marking a new stage in the project construction and laying a solid foundation for the project's production this year. The project is jointly funded by Dongfeng Hongtai Holding Group Co., Ltd. and Guangdong Jinsen New Energy Co., Ltd., with a total investment of 2 billion yuan, and will build waste lithium battery comprehensive recycling and utilization and lithium battery material regeneration projects. The project is planned to be implemented in two phases, with the first phase constructing a 25,000-ton annual production line of lithium iron phosphate cathode materials.

3. The Yunnan Qujing 50,000-ton lithium iron phosphate project is about to be put into production. Currently, the equipment installation of the Yunnan Hongtai Bo New Material Co., Ltd. 50,000-ton lithium iron phosphate project in Lu Liang, Qujing has entered the final stage, and it is expected to be fully completed and put into production in May this year. The 50,000-ton annual production of lithium iron phosphate by Yunnan Hongtai Bo New Material Co., Ltd. is located in the Taiping哨section of the Lu Liang County Industrial Park in Qujing City, Yunnan Province. The project has a total area of 200 mu, a planned total investment of 1.25 billion yuan, and is built in two phases. Among them, the first phase uses 80 mu of land and plans to invest 500 million yuan; the second phase uses 120 mu of land and plans to invest 750 million yuan.

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