【SMM Analysis】 Recent Battery Recycling Developments (May 26-30)

Published: May 30, 2025 22:28
The following key battery recycling projects progressed this week:

The following key battery recycling projects progressed this week:

Jiangxi Province
• A 20,000-ton/year battery waste recycling project received preliminary environmental approval in Ganzhou High-Tech Zone. The facility will process spent ternary lithium-ion cells, 3C battery cells, and cathode scraps to recover black mass, copper powder, aluminum powder, and iron sheets.
• A new 10,000-ton/year lithium battery recycling facility was signed in a western township with a CNY 480 million investment. Three companies (Company A, B, C) will establish operations to recover lithium, copper, and aluminum from end-of-life batteries.

Hunan Province
• Phase I of a CNY 5 billion battery-grade lithium carbonate project (15,000-ton/year capacity) nears trial production. Developed by a National High-Tech Enterprise, the facility achieves >95% battery material purification efficiency – an industry benchmark. Upon full operation, Phase I is projected to generate CNY 2 billion in annual output value.

Hubei Province
• Environmental reviews advanced for two lithium battery recycling projects:

  • A 30,000-ton/year facility (investment: CNY 30 million) will process defective batteries (7,800 tons) and electrode materials (22,200 tons).

  • A 20,000-ton/year power battery dismantling project (CNY 220 million investment) will repurpose existing 10,000-m² workshops.
    • Initial environmental disclosure occurred for another 20,000-ton battery recycling initiative, drawing industry attention.

Jiangsu Province
• A second 10,000-ton/year battery recycling park project (CNY 480 million investment) was signed by three enterprises (Company A, B, C), enhancing regional industry clustering and circular resource utilization.

Guangdong Province
• Phase II of a 60,000-ton/year waste battery recycling project (CNY 651 million investment) entered environmental review. It will cascade-utilize 18,760 tons of batteries and produce 15,954 tons of black mass (NMC/LFP/LCO types), with half the feedstock sourced externally.

Industry Collaboration
• A strategic supply agreement was signed for 150,000 tons of LFP cathode materials (2025-2029), valued over CNY 5 billion, between two new energy enterprises.

Materials Expansion
• A Fujian-based fluoromaterials project (Phase 1.5) received approval to add 1,900 tons/year of high-performance fluoropolymers while adjusting PTFE resin capacity. Post-expansion, total fluoromaterial output will reach 11,220 tons/year.


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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