Skon, a Korean power battery manufacturer, will build a lithium battery recycling plant this year
2022-08-04
According to foreign media reports, skon, one of the three power battery plants in South Korea, said in the ESG report that in order to reduce carbon emissions and ensure material supply, it will invest in the construction of lithium battery recovery plants this year, and plans to start operations in the United States and Europe in 2025.
Sk innovation, a battery production subsidiary of SK group, announced as early as 2019 that the company's new technology can recover high concentration lithium hydroxide from discarded anode materials of electric vehicle batteries. Sk innovation said that this technology can recover more than 80% of the battery components of electric vehicles, and recover key materials such as nickel, cobalt and manganese with high purity, which account for more than 30% of the battery cost.
In recent years, the rapid rise in sales of new energy vehicles has led to a substantial increase in the demand for installed power batteries. According to the 5-8-year service life of power batteries, the peak of decommissioning power batteries of new energy vehicles is coming.
It is estimated in the industry that 252000 tons of power batteries will be decommissioned in 2021 and 2373000 tons in 2030. As the prices of cobalt, nickel, lithium and other metals continue to rise under the imbalance between supply and demand, the recycling value of power batteries has increased significantly. The battery recycling market is expected to accelerate the outbreak, and the market space is broad. It is predicted that the market space of the global battery recycling industry will exceed 150billion yuan in 2027.
About News
- Sequoia materials company recycles 6gwh waste lithium batteries every year
- Economic value of battery material recovery
- What are the differences between power lithium batteries and energy storage lithium batteries?
- Lithium iron phosphate batteries
- The world's largest 100MW all-vanadium redox flow battery energy storage and peak-shaving power station has entered the single module commissioning stage
- New progress in lithium-sulfur battery research: special sulfides do not react with carbonate electrolytes
- Skon, a Korean power battery manufacturer, will build a lithium battery recycling plant this year
- What is a vanadium battery?
- UK, Italy energy storage market capacity auction hot
- New Vanadium Redox Battery may be developed
Products