[SMM Analysis] Recent Developments in Recycling Events: 12.23-12.27

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This week, the prices of ternary materials, pure cobalt, and iron-lithium black mass remained stable, with most enterprises maintaining low operational flow rates.

【Guangzhou Cascade Utilization Project Launched】The Guangzhou 10,000 mt battery recycling and cascade utilization project has been launched. This project includes areas for charging and discharging, battery pack disassembly lines, module disassembly lines, PACK assembly lines, battery cell testing and sorting areas, battery cell aging test areas, finished product aging test areas, battery pack warehouses, waste battery cell warehouses for cascade utilization, cascade utilization finished product warehouses, and office areas.

【30,000 mt Lithium Battery Scrap Recycling Project Launched in Zhengzhou】Henan Ruibosi Technology Co., Ltd. was established on October 24, 2023, with its registered location in Station Street Town, Yulian Industrial Park No. 3, Gongyi City, Zhengzhou, Henan Province. Its business scope includes general projects such as R&D of emerging energy technologies, R&D of resource recycling technologies, technical consulting for resource recycling services, energy-saving management services, recycling of renewable resources (excluding productive waste metals), and sales of renewable resources.

【Hunan 20,000 mt Lithium Battery Recycling Project Launched】Recently, the Loudi Municipal Bureau of Ecology and Environment officially released the environmental impact assessment approval announcement for the "Phase II Scrap Motor Vehicle (including New Energy Vehicles) Recycling and Disassembly Project of the Sentai Renewable Resources Circular Economy Industrial Park in Loudi City," marking the project’s entry into the substantive construction phase. Upon completion and operation, the project is expected to recycle and disassemble up to 10,000 scrap vehicles annually, with an annual processing capacity of 20,000 mt for major automotive components and power batteries. This is anticipated to significantly enhance the recycling and processing capacity for scrap motor vehicles in the Loudi region, achieving efficient resource reuse.

【Guizhou 150,000 mt Iron Phosphate Production Line Project Launched】To meet market demand, Guizhou Yuneng New Energy Battery Materials Co., Ltd. plans to invest 260 million yuan to build a 150,000 mt/year iron phosphate production line project within its existing plant in Shuanglong Industrial Park, Niuchang Town, Fuquan City, Qiannan Prefecture, Guizhou Province.

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