Earthtech to set up battery recycling facility in South Korea

Earthtech to set up battery recycling facility in South Korea

August 1, 2019
Marcia González

South Korea’s first electric vehicle battery recycling organization will be established in Yeonggwang Country, South Jeolla Province, according to officials in the region

The construction project for the new recycling center recently began in the Daema Industrial Complex, a regulation-free zone for the e-mobility sector. The facility will be in charge of disassembling EVs and recycling used batteries and constitutes South Korea’s very first center dedicated to the disassembly of EVs and battery recycling at a single location.

Earthtech Co, a South Korean company, will be investing 24 billion won (US$20.2 million) in the project to complete the first phase of construction by March 2020. The new center will be comprised of disassembling facilities, performance testing grounds for used batteries, and other facilities for various tests and examinations.

The used batteries, depending on their condition and capacity, will be recycled as energy storage systems (ESS). The center will also offer other services including the retrieval of lithium, nickel, cobalt and other valuable metals, and will conduct various research and business projects on batteries for electric cars.

Recycling batteries from EVs is a business with complex environmental restrictions. In addition, acquiring related technology and the process of collecting used batteries are both difficult.

Earthtech will store all scrapped cars indoors and disassemble them through eco-friendly methods.

The company is reportedly capable of disassembling 5,000 EVs and processing 2,000 tons of used batteries every year.

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