It is understood that Ivey will use the advanced four-stage physical crushing treatment method in the recycling industry to harmlessly disassemble the waste batteries, polar groups and pole pieces into black powder, copper powder and aluminum powder, which can realize the environmental protection and the black powder recovery rate of 99%, maximize the recovery efficiency and reduce the subsequent wet smelting cost.
As a professional integrated service provider of new energy materials for lithium batteries, Zhongwei shares provide production, operation and technical support for Ivy League. Honeycomb Energy, through Ivy Renewable Resources Company, disassembled waste batteries into black powder and introduced it into honeycomb supplier system for hydrometallurgy to further manufacture precursors and cathode materials. The joint venture company plans to build a production line for dismantling and recycling pole pieces and batteries in two phases.
In recent years, with the rapid development of new energy vehicles, the installed capacity of power batteries has also entered an explosive growth period. In the next few years, China's power batteries will enter a large-scale retirement period. The three core elements of environmental protection, resources and policy strongly drive the accelerated development of battery recycling, and the way out for battery recycling is coming. Industry research shows that the recycling scale of electric vehicles and energy storage batteries will increase exponentially in the next decade, reaching 100 GWh in 2025 and 800GWh in 2030. Power battery recycling has become an indispensable part of the battery industry chain layout.
Driven by the goal of "double carbon", Honeycomb Energy has begun to plan the renewable resource industry. By linking the upstream and downstream industrial chains, it is helpful to improve the recycling efficiency of waste power batteries, promote the continuous expansion of the recycling scale of power batteries and promote the benign development of the recycling industry.