SEOUL, July 30 (Korea Bizwire) — LG Electronics announced Monday that its consumer recycling campaign “Battery Return” has collected more than 108 tons of used batteries over the past four years, underscoring its commitment to circular resource practices and rare metal recovery. Since its launch, the program has retrieved over 240,000 batteries, yielding more than 9.6 [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korea’s battery industry is intensifying efforts to establish a systematic foundation to dominate the rapidly growing second-life battery market, driven by the widespread adoption of electric vehicles. The second-life battery industry represents a futuristic and economically valuable sector. It also has the potential to contribute to waste reduction and [...]
SEOUL, May 11 (Korea Bizwire) — South Korean builder SK ecoplant Co. and battery maker SK On Co. said Tuesday they have established the nation’s first energy storage system (ESS) power supply facility at a construction site. The facility is located at an apartment construction site in Anyang, Gyeonggi Province. The two companies plan to [...]