Recently, the market size of secondary batteries is expected
to increase eightfold from $46.1 billion in 2020 to
an estimated $351.7 billion in 2030.
As demand increases, the issue of waste batteries is also becoming a hot topic, and in fact,
the amount of waste batteries generated from electric vehicles is expected to increase
by about 7 times in 2030 compared to 2025, and the waste battery recycling market is also expected
to grow to KRW 60 trillion in the same year.
Most of the raw materials for cathode materials used in the domestic secondary battery industry are supplied through overseas procurement.
In fact, only 20% of cobalt and lithium are supplied domestically,
and the self-sufficiency level for other metals is less than 50%.
On the other hand, China has achieved more than 70% localization in the battery core material sector.
In order to reduce the import dependence of domestic battery raw materials, research on secondary battery recycling technology is essential.
Therefore, we will be able to lead the market through rapid response and research to the movement of the waste battery recycling international market.
Need to Reuse · Recycle Waste Batteries
The solvent extractant localization rate is Zero.
Zero
Lowest self-sufficiency in raw materials
maximum dependence on imports
cathode material raw material
Despite the growth of the domestic secondary battery market, most cathode material raw materials are non-existent in Korea.
The raw materials for cathode materials used in Korea depend on imports.
Solvent Extractants
For raw material extraction, the process using a solvent extractant shows the highest extraction efficiency.
Solvent extractants used in Korea depend on overseas markets.
Localization of the lowest-cost, high-purity solvent extractant in Korea. Formation of a new paradigm for being a resource-rich country through urban mining.
Being a rich country through urban mining
Synthesis and extraction of solvent extractants for extracting Co, Ni, and Li in Black Mass, and the water treatment process operated as one cycle by treating process wastewater.
> R&D > Solvent Extractants
