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Released April 22, 2022 | KOFU, JAPAN
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Researched by Industrial Info Resources (Sugar Land, Texas)--The recycling of spent electric vehicle batteries is on the rise in South Korea.
Young Poong Corporation (Seoul), which operates the world's fourth-largest zinc smelter, Sukpu, is starting a secondary battery-recycling business. The corporation announced it has recovered 90% of the lithium, cobalt, nickel and copper in spent batteries.
Young Poong plans to kick off construction on a pilot-scale recycling facility for lithium-ion batteries this year, and plans to expand with a commercial-scale plant.
Industrial Info is tracking 12 active lithium-ion battery-recycling projects in South Korea, worth US$612 million. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for a list of detailed project reports.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
Young Poong Corporation (Seoul), which operates the world's fourth-largest zinc smelter, Sukpu, is starting a secondary battery-recycling business. The corporation announced it has recovered 90% of the lithium, cobalt, nickel and copper in spent batteries.
Young Poong plans to kick off construction on a pilot-scale recycling facility for lithium-ion batteries this year, and plans to expand with a commercial-scale plant.
Industrial Info is tracking 12 active lithium-ion battery-recycling projects in South Korea, worth US$612 million. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for a list of detailed project reports.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.