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    1. Energy Efficiency

    LG Energy Creates Its 1st Battery Recycling JV and Builds 2 Battery Recycling Plants in China

    Aug. 8, 2023
    The JV will ensure LGES has a stable supply of waste batteries and battery scraps, which will produce recycled metals that will be processed and supplied back to LGES’ Nanjing plant
    Image Source: LG Energy Solutions
    Lg Energy Solutions 1 64d275e47efe5

    LG Energy Solutions (LGES) has established its first battery recycling joint venture (JV) with Zheijang Huayou Recycling Technologies, Co. (Huayou Recycling), a subsidiary of Huayou Cobalt. The new JV will oversee the construction of two new battery recycling plants in China. This includes a pretreatment facility in Nanjing, where LGES’ battery production facility is located, and a post-processing plant in Quzhou, a strategic location that aims to utilize Huayou Cobalt’s pre-existing infrastructure.

    The JV will ensure LGES has a stable supply of waste batteries and battery scraps, which will help the company establish an integrated closed-loop manufacturing system and secure key battery raw materials.

    Production is set to begin in late 2024, and battery scrap generated by LGES’ Nanjing facility, as well as waste batteries collected by Huayou Recycling, will be delivered to the JV to produce recycled metals, including nickel, cobalt, and lithium. These metals will be processed and supplied back to the LGES Nanjing plant.

    Establishing a closed-loop system for manufacturing batteries is a priority for LGES, and it supports the company's efforts to reuse and recycle end-of-life batteries and manage its generated waste. 

    About the Author

    Breanna Sandridge, Senior Editor

    Breanna Sandridge is senior editor for EnergyTech and Microgrid Knowledge, both part of the energy group at Endeavor Business Media.

    Prior to that, Breanna was managing editor for Machinery Lubrication and Reliable Plant magazines, both part of Noria Corp. She has two years experience covering the industrial sector.

    She also is a 2021 graduate of Northeastern State University (Oklahoma) with a Bachelor's in English. 

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