[First Public Announcement of 20,000 mt Lithium Battery Recycling Project] Recently, the Xiantao Municipal Bureau of Ecology and Environment in Hubei Province issued the first public announcement of the Environmental Impact Report for the "Project of Annual Processing, Recycling, Dismantling, and Comprehensive Utilisation of 20,000 mt of Scrap New Energy Power Batteries by Hubei Baifu Renewable Resources Co., Ltd." According to the project information, Hubei Baifu Renewable Resources Co., Ltd. will carry out technological transformation and expansion using its existing factory premises without acquiring additional land. The total investment in the project is 220 million yuan. The company will utilize an existing warehouse with a floor area of 10,000 m² to construct a project for the annual processing, recycling, dismantling, and comprehensive utilisation of 20,000 mt of scrap new energy power batteries.