Zhejiang Huayou Cobalt

ICBR 2023: Jereh Offers Direction on Lithium-ion Battery Recycling

Retrieved on: 
Thursday, September 7, 2023

VALENCIA, Spain, Sept. 7, 2023 /PRNewswire/ -- Jereh Environmental Protection Technology Co., Ltd ("Jereh Enviro" or "the company"), an innovative environmental protection technology provider, showcased its cutting-edge solutions for Lithium-ion Battery recycling at ICBR 2023.

Key Points: 
  • VALENCIA, Spain, Sept. 7, 2023 /PRNewswire/ -- Jereh Environmental Protection Technology Co., Ltd ("Jereh Enviro" or "the company"), an innovative environmental protection technology provider, showcased its cutting-edge solutions for Lithium-ion Battery recycling at ICBR 2023.
  • According to Global Forecast to 2031, lithium-ion battery recycling market is projected to experience significant growth, reaching USD 35.1 billion by 2031, with a compound annual growth rate of 20.6% during that period.
  • With an effective battery recycling process, the materials involved can enter a closed loop to help address the supply shortage in sustainably-sourced battery metals.
  • However, the high cost of recycling and dearth of recycling technologies have limited the expansion of this market.

ICBR 2023: Jereh Offers Direction on Lithium-ion Battery Recycling

Retrieved on: 
Thursday, September 7, 2023

VALENCIA, Spain, Sept. 7, 2023 /PRNewswire/ -- Jereh Environmental Protection Technology Co., Ltd ("Jereh Enviro" or "the company"), an innovative environmental protection technology provider, showcased its cutting-edge solutions for Lithium-ion Battery recycling at ICBR 2023.

Key Points: 
  • VALENCIA, Spain, Sept. 7, 2023 /PRNewswire/ -- Jereh Environmental Protection Technology Co., Ltd ("Jereh Enviro" or "the company"), an innovative environmental protection technology provider, showcased its cutting-edge solutions for Lithium-ion Battery recycling at ICBR 2023.
  • According to Global Forecast to 2031, lithium-ion battery recycling market is projected to experience significant growth, reaching USD 35.1 billion by 2031, with a compound annual growth rate of 20.6% during that period.
  • With an effective battery recycling process, the materials involved can enter a closed loop to help address the supply shortage in sustainably-sourced battery metals.
  • However, the high cost of recycling and dearth of recycling technologies have limited the expansion of this market.

LG Energy Solution Establishes Its First Battery Recycling Joint Venture with Huayou Recycling

Retrieved on: 
Tuesday, August 8, 2023

Two plants to be built in China, one for pretreatment (Nanjing) and the other for post-processing (Quzhou)

Key Points: 
  • Two plants to be built in China, one for pretreatment (Nanjing) and the other for post-processing (Quzhou)
    SEOUL, South Korea, Aug. 8, 2023 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) announced the establishment of its first battery recycling joint venture (JV) with Zhejiang Huayou Recycling Technology Co., Ltd (hereinafter referred to as "Huayou Recycling"), a subsidiary of Huayou Cobalt.
  • LGES and Huayou Recycling signed the JV establishment agreement at Huayou Cobalt's Tongxiang headquarters in China on August 7, with the attendance of Dongsoo Kim, Senior Vice President of Procurement Center at LGES; Xuehua Chen, Chairman of Huayou Cobalt; and Wei Bao, General Manager of Huayou Recycling.
  • The new JV will oversee the construction of two battery recycling plants in China—a pretreatment plant in Nanjing, where LGES is currently operating its battery production facility, and a post-processing plant in Quzhou, a strategic location to utilize Huayou Cobalt's pre-existing infrastructure.
  • Establishing a closed-loop system of battery manufacturing is a key priority task for LGES in realizing its ESG vision.

 Citi Appointed as Depositary Bank for the GDR Program of Zhejiang Huayou Cobalt Co., Ltd.

Retrieved on: 
Tuesday, July 11, 2023

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Zhejiang Huayou Cobalt Co., Ltd. (“Huayou”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Zhejiang Huayou Cobalt Co., Ltd. (“Huayou”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • Huayou is a technology-driven enterprise mainly engaged in R&D and manufacturing of new energy lithium-ion battery materials and new cobalt material products.
  • Huayou’s GDR Program was established in connection with a US$582.5 million initial public offering of its GDRs, priced at US$11.65 per GDR.
  • “We are pleased to be the Depositary Bank for Huayou, supporting their GDR program.

EVE Energy Executive Share Insights on Power Battery Industry Chain Resilience at Forum

Retrieved on: 
Sunday, June 25, 2023

With a solid foundation and diversified business structure, EVE Energy has grown into a globally competitive, high-quality lithium battery producer.

Key Points: 
  • With a solid foundation and diversified business structure, EVE Energy has grown into a globally competitive, high-quality lithium battery producer.
  • It has formed a whole industry chain layout of "nickel, cobalt, lithium mine - battery material - battery production - battery recycling - battery regeneration".
  • This enables the company to optimize resource allocation across all aspects, the entire value chain, and the complete industry chain.
  • EVE Energy has established 2,856 production control points and traceability systems covering some 70 processes during the power battery production process.

EVE Energy Executive Share Insights on Power Battery Industry Chain Resilience at Forum

Retrieved on: 
Sunday, June 25, 2023

With a solid foundation and diversified business structure, EVE Energy has grown into a globally competitive, high-quality lithium battery producer.

Key Points: 
  • With a solid foundation and diversified business structure, EVE Energy has grown into a globally competitive, high-quality lithium battery producer.
  • It has formed a whole industry chain layout of "nickel, cobalt, lithium mine - battery material - battery production - battery recycling - battery regeneration".
  • This enables the company to optimize resource allocation across all aspects, the entire value chain, and the complete industry chain.
  • EVE Energy has established 2,856 production control points and traceability systems covering some 70 processes during the power battery production process.

PT Vale Indonesia and Huayou Sign Nickel Agreement with Ford Motor Co. Supporting Growth of the Global Sustainable EV Industry

Retrieved on: 
Thursday, March 30, 2023

PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. today announced an agreement with global automaker Ford Motor Co., creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable.

Key Points: 
  • PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. today announced an agreement with global automaker Ford Motor Co., creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable.
  • The Pomalaa Block HPAL Project will process ore provided by PT Vale Indonesia from its Pomalaa Block mine to produce MHP.
  • This HPAL plant will operate under PT Kolaka Nickel Indonesia in the Pomalaa Block nickel industrial area in Kolaka, Southwest Sulawesi, Indonesia.
  • “Huayou is a technology-driven enterprise, and a leading manufacturer of green, low carbon, high ESG standard new energy battery materials.

Osino Attracts Respected ASX-Listed Lithium Developer to Advance Its Lithium Exploration License in Namibia

Retrieved on: 
Friday, September 30, 2022

VANCOUVER, British Columbia, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to announce that the Company has entered into an Earn-In and Shareholder Agreement (the “Agreement”) with Prospect Resources Limited (ASX:PSC)(FRA:5E8) (“Prospect”) to allow Prospect to earn up to 51% and potentially up to 85% interest in the Omaruru Lithium Project (the “Project”) in Namibia.

Key Points: 
  • The Agreement allows Osino shareholders to benefit from the potential upside of advancing the non-core lithium potential by a competent and well-financed lithium developer at no cost to Osino.
  • The tenement is situated near several historical and current lithium mining operations, including Lepidicos Karibib Lithium Project located about 10km to the southwest.
  • Prospect is a credible and motivated partner who will advance this lithium project whilst Osino can focus on the continued and fast-tracked development of our Twin Hills Gold project.
  • Osino had previously conducted gold and preliminary lithium exploration on EPL 5533 and pursuant to that we concluded that the gold upside on this license was limited, whilst the lithium potential required a focused and specialist effort from a competent lithium operator.

Ford Releases New Battery Capacity Plan, Raw Materials Details to Scale EVs; On Track to Ramp to 600K Run Rate by ’23 and 2M+ by ’26, Leveraging Global Relationships

Retrieved on: 
Thursday, July 21, 2022

The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan.

Key Points: 
  • The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan.
  • Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth.
  • This creates even more capacity for high-demand products and provides customers many years of operation with minimal range loss.
  • Ford is building on agreements tied to its 600,000 run rate milestone and is taking them even further.

Global and China Cobalt Industry Report, 2021-2026 Featuring 18 Manufacturers Including Glencore, Umicore, Vale, Freeport, CMOC, Huayou Cobalt, GEM, Jinchuan - ResearchAndMarkets.com

Retrieved on: 
Friday, April 22, 2022

Although power battery cathode materials tend to feature high nickel and zero cobalt in the future, the unit cobalt consumption will edge down.

Key Points: 
  • Although power battery cathode materials tend to feature high nickel and zero cobalt in the future, the unit cobalt consumption will edge down.
  • Benefiting from new trends like remote work and online education, the cobalt use in 3C consumer electronics is expected to grow stably or slightly.
  • The global cobalt resource reserves are roughly 7.1 million tons, as is revealed by the data from USGS.
  • Global and China Cobalt Industry Report, 2021-2026 highlights the following:
    18 cobalt-related manufacturers in the world and China, including Glencore, Umicore, Vale, Freeport, CMOC, Huayou Cobalt, GEM, Jinchuan, etc.