China launches NEV battery recycling regulations
China's ministry of industry and information technology has announced new regulations for the recycling of used new energy vehicle (NEV) power batteries.
The regulations, with effect from 1 January, include new recovery rates for major battery metals. The recovery rate for nickel, cobalt and manganese should not be below 98pc, while the rate for lithium must be above 85pc.
Rare earths are now subject to a recovery rate of no less than 97pc.
The regulations are expected to increase supplies of battery metals such as lithium, nickel, cobalt and manganese. The additional supplies are likely to be mostly used in NEV batteries.
China's NEV production has increased rapidly over the last decade. The country's power battery recycling industry is expected to enter a "large-scale" phase in 2020 with an output of 24.6GWh, according to the China automotive technology and research centre (Catarc).
Many Chinese companies have invested in the power battery recycling sector. China's largest nickel and cobalt producer Jinchuan set up battery recycling operations in Anhui and Gansu provinces in September 2018. Large battery producer Green Eco-Manufacture plans to build a new recycling facility in Hubei province.
China's NEV output and sales growth stabilised in 2019 following a cut in government subsidies. The country's newly installed capacity of power batteries used in NEVs increased by 20pc in January-November 2019 from a year earlier to 52.5GWh, data from the China association of automobile manufacturers (CAAM) showed.
source: Argus Media
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
