Tianqi Lithium Industry Responds to Lithium Recycling in Lithium Batteries: Commercially Unable to Recycle Large-Scale

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 Titanium Media App reported on July 22 that the lithium ore sector fell sharply yesterday, and Tianqi Lithium fell 7.03%. In the news, Zeng Yuqun, chairman of CATL , said that most of the materials in the battery can be reused. At present, the recovery rate of our nickel, cobalt and manganese has reached 99.3%, and the recovery rate of lithium has reached more than 90%. A relevant person from the investment management department of Tianqi Lithium Industry said that lithium recovery in lithium batteries is theoretically possible, but it cannot achieve large-scale recycling and reuse in commercial applications. Regarding Zeng Yuqun's claim that the recovery rate of lithium has reached more than 90%, the above-mentioned person said, "The laboratory should be able to do it, but I have not personally seen it commercially." According to the source, the company now has investments and attempts to participate in downstream (lithium recovery). (Source: 21 Finance)

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