This week's recycling developments are as follows:
[900,000 mt/year Phosphate Ore Project Enters Trial Production] Tianyuan Co., Ltd. announced that its subsidiary, Mabian Wuqiong Mining Co., Ltd., recently passed the safety facility completion acceptance by an expert panel for its "900,000 mt/year Dingjia Phosphate Ore (Phase II) Mining Project" (referred to as the "Phosphate Ore Project"), which is currently undergoing trial production. Looking back to 2022, Tianyuan Co., Ltd. announced that it would invest in and construct the 900,000 mt/year Dingjia Phosphate Ore (Phase II) Mining Project through Mabian Wuqiong Mining Co., Ltd. to provide resource support for the integrated LFP cathode material project. The total investment for the project was 179 million yuan, with a construction period of 30 months. According to profitability estimates, the project is expected to generate an annual net profit of 30.6095 million yuan.
[200,000 mt New-Type LFP Project Is Expected to Commence Production] Currently, the Pengbo New Materials annual 100,000 mt high-performance LFP cathode material project, located in the Quandong New Materials Industrial Park in the High-Tech Zone, is progressing in an orderly manner. The Pengbo New Materials Shanxi Yangquan new-type LFP project commenced construction on April 7, 2025. The project is planned with an annual capacity of 200,000 mt and is scheduled to begin trial production in mid-September 2025, with stable batch deliveries starting in October. The project covers an area of over 70 mu, with an investment of 1.85 billion yuan, and plans to construct 8 modern production lines. Upon completion, the project is expected to achieve an annual output value of 3 billion yuan, create over 300 jobs, and contribute to the city's goal of building a 10-billion-yuan new energy battery specialty town.
[250,000 mt LFP Cathode Material Project Is Expected to Commence Production] Information on the progress of Ningxia Baofeng Energy Group's first-phase 250,000 mt LFP cathode material project, scheduled for production in September 2025, has been announced. According to official disclosures, the first-phase capacity of 250,000 mt is planned to officially commence production in September 2025. The project, launched in 2023, is one of the core layouts of the Baofeng Group to extend its new energy materials industry chain. In terms of scale and investment, the total planned capacity is 1 million mt/year of LFP cathode material, to be constructed in three phases. The first phase involves an investment of approximately 15 billion yuan to build a capacity of 250,000 mt.
[Qidong City Waste Lithium Battery Comprehensive Utilization Project Arrives] Recently, the Qidong Municipal People's Government website in Jiangsu Province officially released the "Proposed Approval Public Notice for the Resource Comprehensive Utilization Expansion Project of Nantong Qingjing Renewable Resources Co., Ltd." According to the environmental impact assessment details, the core highlights of this expansion include two major components: first, the upgrade and transformation of the existing waste flux regeneration line, planning to increase the annual processing capacity from the current 180,000 mt to 210,000 mt; second, the addition of lithium battery scrap resource treatment capacity, specifically the ability to process 8,034 mt of ternary lithium battery scrap and 70,000 mt of LFP battery scrap annually.
[Hegang Scrap Lithium Battery Comprehensive Utilization Project Is Here] Recently, Heilongjiang News Network publicly released the full environmental impact report and public participation statement for the scrap lithium battery recycling project of Heilongjiang Chanlian Metal Manufacturing Co., Ltd., marking the project's official entry into the public view and its imminent launch of a green transformation journey. The project is planned to be implemented in two phases. The first phase will involve the construction of an advanced scrap lithium battery processing production line, adopting refined processes such as "inspection and warehousing, disassembly, drying, crushing and sorting, packaging," with an expected annual processing capacity of 6,000 mt, including 5,000 mt of scrap ternary lithium batteries and 1,000 mt of scrap LFP batteries. The second phase will further expand the scale by adding five production lines focused on the "crushing and sorting-packaging" stage, including three lines for scrap positive pole pieces (from scrap ternary lithium batteries) and two lines for scrap negative pole pieces, each with an annual processing capacity of 6,000 mt.
[Lianjiang County's 20,000 mt Scrap Lithium Battery Resource Recycling Project Is Here] Recently, the Lianjiang County People's Government website in Fujian province released a highly anticipated pre-approval announcement for the scrap lithium battery resource recycling project of Fujian Qianyu Materials Technology Co., Ltd. The project construction will proceed orderly in two phases. The first phase focuses on building a mechanical and physical crushing and sorting workshop for scrap lithium batteries, with a designed annual processing capacity of 20,000 mt of scrap lithium batteries and pole piece scrap. The second phase will concentrate on establishing a wet-process production line workshop for battery materials. Upon full completion, the project is expected to process 20,000 mt of scrap lithium batteries and pole piece scrap annually.
[150,000 Sets of Retired Vehicle Power Battery Pack Comprehensive Utilization Project Is Here] Recently, relevant websites released the first public participation notice for the environmental impact assessment of the "Green Dismantling, Energy Saving, Emission Reduction, and Recycling Reuse of Vehicle Power Battery Packs Project" by Shandong Yuandong Future Low-Carbon Technology Co., Ltd. Located in the Jindong Industrial Park, Jinxiang County, Jining City, Shandong province, the project has a grand planned capacity, expected to green dismantle and recycle 50,000 sets of retired vehicle power battery packs annually and produce 100,000 sets of second-life application products.
[400,000 mt Scrap Power Battery Second-Life Application Project Lands] Recently, the Lu'an Municipal Ecological Environment Bureau in Anhui province officially released the acceptance announcement for the environmental impact report of the "Battery Second-Life Decomposition and Reuse Center Project" by Anhui Jingyuan Environmental Engineering Co., Ltd. Upon completion, the project is expected to efficiently process up to 400,000 mt of scrap power batteries annually.
[15,000 mt/year New Energy Power Battery Second-Life Application Project Launched] Recently, a remarkable piece of news came from the Jiangsu Provincial Online Investment Project Approval and Supervision Platform: the filing of "Jiangsu Boer Boke New Energy Technology Co., Ltd.'s 20,000 units/year End-of-Life Vehicle Dismantling and 15,000 mt/year New Energy Power Battery Second-Life Application Project" was successfully approved. The project will be implemented in phases. The first phase, with a planned investment of 370 million yuan, includes the 20,000 units/year end-of-life vehicle dismantling and 15,000 mt/year new energy power battery second-life application project. It will also involve the construction of a new 2 GW/year energy storage system manufacturing project and a 2 million units/year waste home appliance dismantling and recycling project. The second phase will further increase investment, amounting to 650 million yuan, for the construction of a 1 million mt/year solid waste disposal project.
[2,000 mt Retired Power Battery Second-Life Application Project to Begin Production Soon] Recently, Hunan Xian'en New Energy Technology Co., Ltd. (hereinafter referred to as "Xian'en New Energy") completed the acceptance of environmental protection facilities for its power battery second-life application and ESS battery pack project, officially entering the self-publication stage. With a total investment of 50 million yuan, the project involves the annual second-life application of 2,000 mt of retired power batteries, covering various battery types such as LFP, ternary cathode material, and LMO. Its annual capacity reaches 10,000 units of ESS power cabinets.
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