battery recycling Archives | Be Korea-savvy
Ecobat Appoints Thomas Slabe as Chief Executive Officer

Ecobat Appoints Thomas Slabe as Chief Executive Officer

DALLAS, Jan. 29, 2024 (Korea Bizwire) – Ecobat, the global leader in battery recycling, announced today that its board of directors has confirmed the appointment of Thomas P. Slabe as chief executive officer (CEO) and named him a member of the board of the company, effective immediately. “We have great confidence in Tom and trust [...]

SK Ecoplant Completes 2nd Battery Recycling Plant in China

SK Ecoplant Completes 2nd Battery Recycling Plant in China

SEOUL, Dec. 13 (Korea Bizwire) — SK Ecoplant Co., the construction arm of South Korea’s chip-to-battery conglomerate SK Group, said Wednesday it has completed its second battery recycling plant in China in an effort to meet rising battery demand in the automobile industry. The second plant, located in Yancheng, Jiangsu province, is capable of processing [...]

EV Battery Recycling Looms Larger amid Supply Chain Woes: Report

EV Battery Recycling Looms Larger amid Supply Chain Woes: Report

SEOUL, March 23 (Korea Bizwire) — South Korea will be able to source 20,000 tons of lithium hydroxide from domestically recycled electric vehicle (EV) batteries by 2045 as EV purchases will increase, an outlook that calls for strategic efforts to promote the emerging industry given supply chain instability, a report showed Thursday. The projection is [...]

LG Chem Invests in Battery Recycling Startup for N. America Venture

LG Chem Invests in Battery Recycling Startup for N. America Venture

SEOUL, Dec. 21 (Korea Bizwire) — Major South Korean chemical firm LG Chem Ltd. said Wednesday it is buying a stake in a local battery recycling startup for a joint venture in North America, accelerating efforts to secure key components for electric vehicle batteries. LG Chem signed the agreement Tuesday with JaeYoung Tech Ltd. to [...]

POSCO, GS Energy Establish Battery Recycling Joint Venture

POSCO, GS Energy Establish Battery Recycling Joint Venture

SEOUL, Oct. 7 (Korea Bizwire) — POSCO Holdings Co., the largest steelmaker in South Korea, announced on Thursday that it had established a battery recycling joint venture with GS Energy Corp., an energy unit of GS Group. Both entities have engaged in talks since September last year on how to promote cooperation in their core [...]

POSCO Builds Battery Recycling Plant in Poland

POSCO Builds Battery Recycling Plant in Poland

SEOUL, Aug. 26 (Korea Bizwire) — POSCO Holdings Co., the world’s fifth-largest steelmaker by output, said Friday it has completed the construction of a used secondary battery recycling plant in Poland as part of its push to expand its presence in the burgeoning sector. The Poland Legnica Sourcing Center (PLSC), in Brzeg Dolny, some 30 [...]

LG Energy Solution Joins Hands with Huayou Cobalt to Build Battery Recycling Plant

LG Energy Solution Joins Hands with Huayou Cobalt to Build Battery Recycling Plant

SEOUL, July 26 (Korea Bizwire) — LG Energy Solution Ltd. (LGES) said Tuesday it has signed a joint venture agreement with a Chinese mining company to build a battery recycling plant to secure raw materials for lithium-ion battery components. The joint venture deal with Zhejiang Huayou Cobalt Co. will commit the two companies to build [...]

Detailed Qualitative & Quantitative Analysis on Battery Recycling Market

Detailed Qualitative & Quantitative Analysis on Battery Recycling Market

Chicago , April 6 (Korea Bizwire) — According to the new market research report “Battery Recycling Market by Chemistry, Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Region (Asia Pacific, Europe, North America, South America, Middle East & Africa) – Global forecast to 2025″, published by MarketsandMarkets™, the Battery Recycling Market is projected to grow from USD 17.2 billion in 2020 to USD 23.2 billion by 2025, [...]

LG Chem, LG Energy Solution Buy Stake in Canadian Battery Recycling Company

LG Chem, LG Energy Solution Buy Stake in Canadian Battery Recycling Company

SEOUL, Dec. 15 (Korea Bizwire) — LG Chem Ltd., South Korea’s largest chemical company, and its subsidiary LG Energy Solution Ltd. said Wednesday they have jointly acquired a stake in a Canadian lithium-ion battery recycling company. LG Chem and the battery maker LG Energy Solution invested 30 billion won (US$25.3 million) each to acquire a [...]