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Another battery recycling white list in China, Ganzhou Red Star electronic materials co.,Ltd invest 450 million to expand it recycling business

On July 25, Guizhou Red Star Electronic Materials Co., Ltd. released the "Waste lithium battery recycling production line Construction Project" environmental impact assessment public participation for the first time:

Project name: Waste lithium battery recycling production line construction project

Location: Fuxi Village, Dalong Economic Development Zone, Tongren City, Guizhou Province

Area: 320000 square meters

Project investment: 45 million yuan

Construction content and production scale: The construction content is the production workshop and production equipment and supporting public and auxiliary engineering. After the construction of the project, it has the production capacity of 10000t/a compound ternary hydroxide, 3873t/a lithium carbonate, 28908t/a powder.

Guizhou Red Star Electronic Materials Co., Ltd. was established in March 2016 with a registered capital of 68.5 million yuan. It is a joint-stock company jointly funded by Qingdao Red Star New Energy Technology Co., LTD., Guizhou Zhenhua New Materials Co., LTD. The company was recognized as a high-tech enterprise in 2021, as a specialized and special new enterprise in Guizhou Province in 2022, a specialized and special new "little giant" enterprise in Guizhou Province, and a "green factory" in Guizhou Province, and obtained the recycling enterprise qualification (recycling white list) in line with the "Industry Standard Conditions for Comprehensive Utilization of waste power batteries for New energy Vehicles" by the Ministry of Industry and Information Technology. In 2023, it was successfully awarded the national "Green Factory".

The company focuses on the research and industrialization of lithium battery materials recycling and utilization, has invested 120 million yuan to build 6000 tons of ternary materials recycling production line, with waste ternary materials as the main raw materials, synchronous recovery of nickel cobalt manganese lithium metal elements, preparation of nickel cobalt manganese ternary composite hydroxide and battery grade lithium carbonate, used in the preparation of ternary lithium cathode materials. Realize the recycling of waste ternary materials.

At present, the recovery rate of cobalt, nickel and manganese is more than 98%, and the recovery rate of lithium is more than 95%. More than 60% of the company's ternary compound hydroxide is nearby supplied to Zhongwei New Materials, some lithium carbonate is supplied to Guizhou Best New Energy Materials Co., LTD., and the rest is sent to Guiyang, Xingyi and other places.

In 2021, the output value of Red Star Electronics reached 268 million yuan, and the operating income of 617 million yuan in 2022.

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This message comes from foreign battery industry media and is translated by Nuojin Solid Waste Media. If infringement is involved, please contact us to delete it
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