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China’s Camel invests in Li-battery recycling pilot

Mon, 03/19/2018 - 11:55 -- Xuan Zhong
China’s Camel invests in Li-battery recycling pilot

Chinese lead-acid battery giant Camel is to build a pilot lithium-ion battery recycling and anode material production plant in Central China.

Camel said plans for the CNY5 billion ($791 million) facility is part of a “framework agreement”, signed with Hubei Province’s Gucheng County government, to create an industrial park for recycling and “cascade utilisation” of used lithium-ion batteries from electric vehicles, as well as the regeneration of battery materials.

 

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