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SungEel HiTech

MoU paves way for Australian firm to supply recycled battery materials to Korea

Wed, 11/13/2019 - 13:26 -- Paul Crompton

Envirostream Australia, a 24% owned subsidiary of Lithium Australia, has signed a lithium-ion battery materials offtake deal that includes recycled mixed metal dust (MMD) containing cobalt, nickel and lithium.

The memorandum of understanding with South Korean battery recycler SungEel Hitech involves the exclusive supply of metals extracted from recycled lithium-ion batteries out of Australia. 

Image: SungEel president Mr Kang Myung Yi and Envirostream managing director Andrew Mackenzie shake hands after signing the offtake MoU

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US-Korea partners name New York for battery recycling facility

Mon, 10/08/2018 - 00:00 -- Hugh Finzel
SMA

The partners behind a US-Korean battery recycling joint venture have named New York State as the site for their first lithium-ion recycling plant.

SungEel MCC (SMCC) a joint venture between South Korean battery recycling firm, SungEel HiTech, and American commercial recycling group Metallica Commodities Corp (MCC), said the plant will be built at the Huron Campus in Endicott, New York.

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US-Korea LIB recycling joint venture launch

Mon, 04/16/2018 - 10:30 -- John Shepherd
US-Korea LIB recycling joint venture launch

A new US-Korean joint venture has announced plans to launch a major lithium-ion batteries recycling operation in the US.

Metallica Commodities Corp (MCC) and SungEel HiTech said the new company, SungEel MCC Americas (SMA), will “redefine” the lithium-ion battery, e-waste recycling, energy and metals markets in North America— “where consumption of cobalt and lithium has outpaced supply in recent years”.

 

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