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Neometals receive a large number of resources such as lithium cobalt nickel copper from battery recovery

  Author :Iflowpower – Portable Power Station Supplier

The Chief Operation Officer MikeTamlin said, "The world has to pay attention to the recycling of the battery metal, because the resources obtained by the recovery may also create lower costs in the process of production components. Neometals wants to use new pilot plants to prove that battery metal recycling can supply better net profit margins. "At present, there are more and more companies in the world are studying how to extract cobalt and lithium from the mobile phone, laptop and other high-tech products.

Last year, Australia cost 4 billion yuan to build a metal recycling. This year, my country's Tianqi Lithium Industry is also considering strengthening the research and development of battery metal recycling. Last month, South Korea's leading battery manufacturer Samsung SDI announced a new plan for the lowest metal content or non-cobalt battery, as a way to offset silver prices.

The company is a subsidiary of Samsung Electronics, and has begun to adjust its electric vehicle battery formula, and indicate that it is ready to produce more than 90% of the amount of nickel, but the cobalt content is only 5% electric vehicle battery. Samsung SDI said that it may follow Toyota Auto and Panasonic from hybrid electric vehicles to extract raw materials. Last year, the price of cobalt rose, and the supply panic is intensified and the battery market is expected to increase, and the report price at the end of LME 2017 is $ 75,500 per ton, which is 129%.

Because the global cobalt democratic Republic has recently improved the rising royalty of the mining, this year, the price is expected to rise further. BMW has recently predicted that by 2025, its demand for electric vehicle batteries will rise ten times. According to one of the largest manufacturers of electric vehicle cathode batteries, the NMICORE recently recently, if it recovers 1.

6 billion mobile phones, the cobalt material contained in the cobalt material can meet millions of electric vehicles. .

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