Top 10 power battery recycling manufacturers in China in 2022
1. Top 10 power battery recycling manufacturers in China in 2022
Under the current technical conditions, the lithium ion battery cycle life is generally 5-8 years, and as the installed capacity of power batteries continues to increase, the demand for battery recycling and disposal is likely to increase year by year in the future.
Battery recycling is mainly divided into two methods: cascade utilization and dismantling recycling. Which factories are on the top 10 power battery recycling manufacturers in China in 2022? We can take a look.
1. GEM
Established: 2001
Company location: Guangdong
Total market value: 44.98 billion RMB
Official website: http://www.gem.com.cn
Company profile: GEM is a leading company in China’s renewable resources industry and electronic waste recycling industry. The company is engaged in the new energy business with ternary precursors, cobalt tetroxide and power battery recycling as the main body. The company has a whole industrial chain such as “waste recycling – chemical raw material recycling – comprehensive treatment of various wastes”.
Used batteries (other than lead-acid batteries) account for more than 10% of China’s total scrap, recycling and processing scrapped cars account for more than 4% of China’s total scrap, and recycled tungsten resources account for more than 5% of China’s raw tungsten mining. In addition, it is also one of the top 10 power battery recycling manufacturers in China.
Latest layout: GEM mainly focuses on high-nickel ternary precursors and lays out battery recycling. Some of the company’s high nickel production capacity has been locked by South Korea’s Ecopro and Rongbai Technology.
2. Guanghua Sci-Tech
Established: 1980
Company location: Guangdong
Total market value: 8.603 billion RMB
Official website: http://www.ghtech.com
Company profile: The company is dominated by high-performance electronic chemicals, high-quality chemical reagents and special chemicals for production lines, new energy materials and the cascade utilization and recycling of retired power batteries.
It has China’s first fully automated copper oxide production line and other advanced battery material production equipment, and is currently one of the most modern and large-scale production bases in the same industry in China. This makes it one of the top 10 power battery recycling manufacturers in China.
Latest layout: The company’s 10,000-ton cascade utilization production line has been put into operation, and 10,000 tons of lithium iron phosphate recycling capacity will be added.
3. BYD
Established: 1995
Company location: Guangdong
Total market value: 919.4 billion RMB
Official website: https://www.bydglobal.com/
Company profile: BYD has established more than 30 industrial parks around the world. BYD’s business layout covers electronics, automobiles, new energy and rail transit and other fields, and has a comprehensive solution for building zero-emission new energy.
It has a complete R&D and production system for power batteries, including mineral resource development, material R&D and manufacturing, process R&D, battery cell R&D and manufacturing, BMS R&D and manufacturing, module R&D and manufacturing, battery pack development and manufacturing, and cascade utilization and recycling. At the same time, it is also one of the top 10 power battery recycling manufacturers in China.
Latest layout: BYD will deploy virtual power plants to realize load regulation of electricity consumption, flow control of multiple energy sources, and information exchange in the power trading center.
4. Huayou Cobalt
Established: 2002
Company location: Zhejiang
Total market value: 128 billion RMB
Official website: http://www.huayou.com
Company profile: Huayou Cobalt is a high-tech enterprise engaged in the research, development and manufacture of new energy lithium battery materials and cobalt new materials. The company has formed three major business segments of resources, new materials and new energy, and created a new energy lithium battery industry ecology from cobalt and nickel resource development and smelting.
The high nickel material is developed rapidly nowadays. There is a top 10 high nickel product manufacturers in China list for you to read. The purpose is to deep processing of lithium battery cathode materials, and then to resource recycling. It is also one of the top 10 power battery recycling manufacturers in China.
Latest layout: LG Energy and Huayou Cobalt will deploy battery recycling in China.
5. Tungsten
Established: 1997
Company location: Xiamen, Fujian
Total market value: 40.37 billion RMB
Official website: http://www.cxtc.com
Company profile: Tungsten is involved in the fields of tungsten, molybdenum, rare earth, new energy materials, etc. It has established a complete system including rare earth mining, refining, application and research and development. It has also cultivated ternary materials, lithium cobalt oxide, lithium iron phosphate.
The research and development and large-scale manufacturing capabilities of mainstream lithium ion cathode materials such as lithium manganate have become a supplier in the field of lithium battery cathode materials. It is also one of the top 10 power battery recycling manufacturers in China.
Latest layout: Tungsten plans to build a 15,000-ton capacity expansion project for a comprehensive production workshop for lithium battery materials. After the completion of this project, Tungsten will reach an annual production capacity of 85,000 tons.
6. Cngr
Established: 2014
Company location: Guizhou
Total market value: 60.5 billion RMB
Official website: http://www.cngrgf.com.cn
Company profile: A professional comprehensive service provider of new energy materials for lithium batteries. The company’s self-developed high-voltage cobalt tetroxide, high-nickel NCM, NCA and other core products are widely used in 3C digital fields, power fields and energy storage fields. In 2020 and 2021, the company’s shipments and exports of ternary precursors and cobalt tetroxide ranked first in the world for two consecutive years. It focuses on a full range of ternary precursors with high nickel and low cobalt, high voltage tricobalt tetroxide, comprehensive recycling, raw material smelting, and material manufacturing equipment as the main research and development direction. It is also one of the top 10 power battery recycling manufacturers in China.
Latest layout: Cngr actively deploys the technical routes of ferrophosphorus, manganese and sodium series to create technical service capabilities and industrial application capabilities of diversification, customization, rapid development and mass production.
7. Ganfeng Lithium
Established: 2000
Company location: Jiangxi
Total market value: 181.4 billion RMB
Official website: http://www.ganfenglithium.com
Company profile: The company involves the entire industrial chain of resource extraction, refining and processing, battery manufacturing and recycling, and its products are widely used in electric vehicles, energy storage, 3C products, chemicals and pharmaceuticals. It also has the industrialization technologies of “extracting lithium from brine”, “extracting lithium from ore” and “extracting lithium from recycling”.
The production capacity of lithium compounds and lithium metal is sufficient, and there are many production bases around the world. It also has complete battery manufacturing and recycling technology. This is why it is one of the top 10 power battery recycling manufacturers in China.
Latest layout: Ganfeng Lithium announced a new pattern of lithium salt supply and demand, and continuously improved the reserves of upstream lithium salt materials.
8. Azure
Established: 2002
Company location: Suzhou, Jiangsu
Total market value: 21.15 billion RMB
Official website: http://www.aucksun.com
Company profile: The company is the first company in the metal logistics industry to be listed in China. At present, the company’s headquarters has a total area of 82,818 square meters, a processing and storage area of 55,353 square meters, and a total asset of more than 2 billion RMB.
It provides comprehensive solutions for steel and aluminum plate supply chain management for more than 200 customers. In addition, it is also one of the top 10 power battery recycling manufacturers in China.
Latest layout: In terms of energy storage, Azure plans to deploy the field of portable energy storage, focusing on the development of portable energy storage.
9. Camel
Established: 1994
Company location: Hubei
Total market value: 14.89 billion RMB
Official website: http://www.chinacamel.com
Company profile: The company mainly focuses on the research and development, production and sales of lead-acid batteries, integrating energy storage products, renewable resource recovery and recycling and other new energy industries. It is the largest low-voltage battery manufacturer for automobiles in Asia.
It optimizes the production capacity layout of lead-acid batteries in China, builds a closed-loop lithium battery recycling industry chain, and builds four overseas production bases. More than 400 product models fully cover vehicles, ships, industry and other special fields. Camel is also one of the top 10 power battery recycling manufacturers in China.
Latest layout: Camel has layouts in lead recycling and lithium battery recycling. In terms of secondary lead recycling, the company currently has a total production capacity of 860,000 tons in terms of lithium battery recycling. It is expected that 20,000 tons of production capacity will be built by the end of 2022, and another 50,000 tons of production capacity is under planning.
10. Brump
Established: 2005
Company location: Foshan, Guangdong
Registered capital: 132.74 million RMB
Official website: http://www.brunnp.com.cn
Company profile: Brump is a leading waste battery recycling enterprise in China. It focuses on recycling business, resource business and material business, and provides solutions and services for lithium ion battery life cycle management. The total recovery rate of the core metal materials of Brump’s battery products is over 99.3%. At present, it has seven production bases in the world, and it is also one of the top 10 power battery recycling manufacturers in China.
Latest layout: Brump conducts research on new battery recycling, life cycle application basis of retired lithium batteries, etc.
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