Expert Insights: Progress in Recycling Iron Phosphate from Scrap LFP

Apr 1, 2025 17:37

Source:SMM

With the rapid development of the NEV and ESS sectors, the penetration rate of LFP batteries continues to rise, and their recycling market is experiencing explosive growth. In 2025, the total volume of retired power batteries in China is expected to reach 1.04 million mt, with the market size exceeding 33 billion yuan. By 2030, the global power battery recycling market size is projected to surpass 100 billion yuan, with the proportion of LFP recycling increasing alongside its installation volume.

Market demand and policy drivers have formed a combined force, with the market share of LFP batteries in the NEV and ESS sectors exceeding 70%. After 2025, as the first batch of power batteries reaches retirement, the recycling volume of LFP is expected to gradually surpass that of ternary batteries, with the global retirement volume potentially reaching 6.028 million mt by 2030, significantly improving resource recycling efficiency. At the policy level, life cycle traceability management and the "white list" system are accelerating industry standardization, while enterprises are reducing raw material costs through technological upgrades and capacity expansion, enhancing market competitiveness.

SMM Information & Technology Co., Ltd. (referred to as SMM) will launch the New Energy Battery Materials Forum at the CLNB 2025 (10th) New Energy Industry Expo, April 16-18, 2025. Jun Zhang, Chairman and General Manager of Shanghai Yonghan Materials Technology Co., Ltd., will be an invited guest to discuss the progress in recycling iron phosphate from waste LFP.

Keynote Speaker

Presentation Topic: Progress in Recycling Iron Phosphate from Waste LFP

Jun Zhang

Chairman and General Manager, Shanghai Yonghan Materials Technology Co., Ltd.

Jun Zhang, Ph.D. in Chemical Engineering from Tianjin University, one of the two founders of Shanghai Pylon Energy Technology Co., Ltd., former General Manager of Jiangsu Henry Lithium Battery New Materials, and Senior Engineer/Project Leader at the 18th Institute of China Electronics Technology Group Corporation. With over ten years of experience in battery and battery materials R&D and management, he has set several major historical records in the industry.

Shanghai Yonghan Materials Technology Co., Ltd.

Chairman and General Manager

Jun Zhang

Cordially invites you to participate in

CLNB 2025 (10th) New Energy Industry Expo

About Yonghan Technology

Shanghai Yonghan Materials Technology Co., Ltd. is a high-tech enterprise established in 2019, primarily engaged in the R&D, production, and sales of battery materials. The company is located in the Caohejing Development Zone, Minhang District, Shanghai.

The company focuses on the segmented industry chain of phosphate system materials, covering iron phosphate, salt lake lithium concentrate purification, LFP, lithium iron manganese phosphate, and the recycling of waste LFP batteries.

The company has an R&D center in Shanghai and a manufacturing base in Bengbu City, Anhui Province—Anhui Yonghan Materials Technology Co., Ltd. Anhui Yonghan currently has an LFP (lithium iron manganese phosphate) capacity of 5,000 mt/year, expanding to 20,000 mt/year in 2023; and an iron phosphate capacity of 15,000 mt/year, expanding to 50,000 mt/year in 2023.

Yonghan Materials Technology adheres to innovation, continuously promoting capacity enhancement and high-quality development, creating a world of green energy with global customers and partners.

New Energy Battery Materials Forum

April 17

[09:00-09:20] 2025 China LFP Cathode Material Industry Trends and Supply-Demand Pattern Changes

Bolin Chen

Cathode Materials Analyst, SMM Information & Technology Co., Ltd.

[09:20-09:40] Technological Progress and Opportunities in LFP Materials

Guorong Hu

Chief Scientist, Sichuan Development Longmang Co., Ltd./Professor, Central South University

[09:40-10:00] Integration of Phosphate Chemical and New Energy: Opening a New Era of Clean Energy

Songhua Zhou

General Manager, Guizhou Phosphate Chemical New Energy Technology Co., Ltd.

[10:00-10:20] Evolution of LFP Battery Technology and Future Product Development Directions

Shuli Li

Director of Research Institute, Guangzhou Great Power Energy Technology Co., Ltd.

[10:20-10:40] Technological Progress and Opportunities in Lithium-Rich Ferrite

Dongwei Yan

Director of Research Institute, Tianjin Guoneng MGL New Materials Co., Ltd.

[10:40-11:00] R&D of High Specific Energy Lithium-Ion Battery Artificial SEI Modified Silicon Carbon Anode Materials

Ning Du

Executive President, Carbon One Group/Director of Central Research Institute, Associate Professor, Zhejiang University

[11:00-11:20] New Applications of Manganese-Based Materials in Small Power

Zhengwei Wang

Senior Vice President and Chief Technology Officer, Phylion Battery Co., Ltd.

[11:20-11:40] Progress in Recycling Iron Phosphate from Waste LFP

Jun Zhang

Chairman and General Manager, Shanghai Yonghan Materials Technology Co., Ltd.

More Exciting Summits

2025/4/16

Opening Ceremony & Forum of Academicians and Top-Tier Entrepreneurs

Business Package

New Energy Industry Forum SMM Sodium-Ion Battery Application Market—Development Seminar

Invest in Poland·New Energy Strategy Forum

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Sub-Forum 1: New Energy Mineral Exploration and Industry Development Forum

Gala Dinner & Awards Ceremony

2025/4/17

Sub-Forum 2: Battery Raw Materials Forum

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Sub-Forum 5: Lithium Battery Recycling Forum

Sub-Forum 6: All-Solid-State Battery Forward-Looking Technology Forum

Sub-Forum 7: Battery Supporting Auxiliary Materials Forum

Sub-Forum 8: New Energy PV ESS Forum

Sub-Forum 9: International Mining Investment and Development Summit Forum

CLNB 2025 (10th) New Energy Industry Expo provides a high-quality platform for exchange and cooperation in the new energy industry. Limin Meng, Chairman of Jiangsu Fanye Power Energy Equipment Co., Ltd., will attend this grand event, sharing her rich industry experience and unique strategic vision. It is believed that based on this exchange and discussion, all parties will promote cooperation and development across the entire new energy industry chain to new heights, contributing to global energy transformation.

2025/4/18

Sub-Forum 10: Overseas Market Forum

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CLNB 2025 New Energy Entire Industry Chain Expo

Date: April 16-18, 2025

Venue: Suzhou International Expo Center

This exhibition focuses on the entire new energy industry chain, showcasing power batteries, ESS, raw materials, materials, equipment, mining, and battery recycling, providing a one-stop exhibition experience.

For queries, please contact William Gu at williamgu@smm.cn

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Expert Insights: Progress in Recycling Iron Phosphate from Scrap LFP

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