As concern increases over the growing problem of scrap lithium-ion batteries, Chinese recycler Guangdong Brunp Recycling Technology is investing ¥1.2 billion ($178 million) to build a 100,000 tons waste battery plant in Changsha, Hunan Province.
The factory that is under construction is the fifth phase of the company’s recycling project and is expected to be finished in 18 months.
Changdong Li, the President of Brunp said its self-developed automotive dismantling equipment is capable of processing 30,000 motive power battery packs per year.
Brunp has annually processed over 20,000 tones of waste batteries, which accounted for over 40% of the Chinese market.
With annual production of 10,000 tons of nickel cobalt manganese hydroxide, at a 98.58% efficiency, the firm’s recycling capacity is possibly the most advanced in Asia.
Brunp has supplied its recycled products to BMW, BYD Auto, and Contemporary Amperex Technology Ltd. (CATL).