What are the meanings of recycling used batteries?

Mitigating the high degree of external dependence on upstream resources. Waste power lithium-ion batteries are rich in valuable metal resources such as lithium, nickel, and cobalt. The recycling of power lithium-ion batteries is essential for effective resource recycling. A complete power lithium-ion battery recycling system is of great significance for effectively reducing battery processing costs, avoiding the risks of upstream raw material scarcity and price fluctuations, and ensuring the healthy, stable and sustainable development of my country's new energy automobile industry. As the cumulative amount of power lithium-ion batteries continues to increase, the power lithium-ion battery industry has an increasing demand for resources such as lithium, nickel, and cobalt. The global concentration of lithium, cobalt, and nickel resources is relatively high and the characteristics of oligopoly are obvious. The prices of the above resources have also shown a fluctuating upward trend. From the perspective of the current development of the upstream resources of power lithium-ion batteries in my country, Although lithium resources are abundant, they are not well-endowed, while nickel and cobalt resources are relatively scarce. Therefore, my country's lithium, nickel, cobalt and other resources have to be imported in large quantities, which are highly dependent on foreign sources, which will have a certain impact on the long-term and stable development of my country's power lithium-ion battery industry. Wang Chuanfu, Chairman and President of BYD, once compared the lithium, copper and cobalt extracted from waste power lithium-ion batteries to treasures. Experts analyze that the ternary power lithium ion battery is rich in nickel, cobalt, manganese and other rare metals. Through disassembly and extraction of lithium, cobalt, nickel, manganese, copper, aluminum, graphite, diaphragm and other materials, it can theoretically achieve per ton The economic benefit of approximately RMB 42,900 is economically feasible. Relevant agencies predict that by 2025, the disassembly and recycling of ternary power lithium-ion batteries will account for 77.5% of the entire power lithium-ion battery recycling market. In the future, there is a huge market space for power lithium-ion battery recycling. With the large-scale mass production of new energy vehicles, the power lithium-ion battery recycling market will have a huge potential space. In 2018, the power lithium-ion battery recycling market will be about 432 million yuan. Renminbi. With the large-scale promotion of my country's new energy vehicles, some institutions predict that by 2025, my country's cumulative scrapped power lithium-ion batteries will reach 350,000 tons, and the power lithium-ion battery recycling market will reach 20.371 billion yuan. Among them, the cascade utilization value of lithium iron phosphate will reach 2.575 billion yuan, and the recycling and dismantling value of ternary lithium batteries will reach 17.796 billion yuan. At present, my country’s power lithium-ion batteries have not yet fully entered the large-scale retirement frenzy. Most of the used power lithium-ion batteries of power lithium-ion battery recycling companies mainly come from defective products in the process of battery manufacturers’ Retired batteries. At present, my country’s power lithium-ion battery recycling technology is relatively mature and stable. According to the 'Industry Specifications for the Comprehensive Utilization of Waste Power Batteries for New Energy VehiclesAccording to forecasts by relevant agencies, the cumulative market space for metal recycling such as nickel, cobalt, manganese, and lithium is expected to be approximately 43.6 billion yuan from 2019 to 2025. Power lithium-ion battery recycling companies should always put the fulfillment of social responsibilities in the first place, and stick to the bottom line of environmental protection with a sincere heart. At the same time, power lithium-ion battery recycling companies must follow market rules and continuously improve the sustainable development of the power lithium-ion battery industry chain. Power lithium-ion battery recycling companies have reached strategic cooperation with car companies and battery manufacturers, bound channel parties, seized the recycling entrance, and made efforts to the leading position. When the explosive period of power lithium-ion battery retirement is approaching, the field of power lithium-ion battery recycling will also usher in greater profit margins. Disclaimer: Some pictures and content of articles published on this site are from the Internet. If there is any infringement, please contact to delete. Previous article: How to scientifically charge Ni-MH batteries?