Waste Batteries Waste Batteries
What is a waste battery?
Waste batteries are batteries that have reached the end of their useful life, with their functions dropping to 70% or less after being used to charge and drive eco-friendly electric vehicles.
The beginning of explosive growth, waste battery industry
The world and corporation have opened the era of electric vehicles to respond to climate change for future generations and achieve carbon neutrality.
As the spread of electric vehicles increases, the amount of waste batteries generated is expected to increase, and many companies that are already convinced of industrial growth are entering the waste battery business.
Social issues related to the growth of the Waste Battery Industry
With the rapid growth of the electric vehicle market, the emission of large amounts of waste batteries has emerged as a social problem.
The average battery life of an electric vehicle is as short as 8 to 10 years, and the battery function decreases as the usage period increases. As the mileage is shortened, the running power is reduced, and the reaction speed is slowed down, the battery needs to be replaced in a short cycle, and it is expected that the discharge of waste battery will further increase.
In addition, since waste batteries contain valuable metals such as lithium, nickel, and cobalt, disposal or landfill will have an adverse effect on the environment. Therefore, the reuse and recycling of waste batteries will become even more important.
Electric car battery circulation economy
Reuse of waste batteries?
Battery re-use is a method of refurbishing and reassembling waste batteries collected from electric vehicles to change their uses.
The process can be easy, but there is a limit to the application of the product that can be used because the state and shape of the battery are different
Electric vehicle waste battery reuse (Re-Use) process
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재사용 과정 이미지Waste battery arrival
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재사용 과정 이미지cleaning the battery pack and Visual inspection
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재사용 과정 이미지analysis battery pack
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재사용 과정 이미지battery pack module disassembly
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재사용 과정 이미지module analysis
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재사용 과정 이미지rating and grading
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재사용 과정 이미지packing and exporting
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재사용 과정 이미지Re-Use
Battery recycling is a method used to disassemble a battery and extract raw materials such as lithium, nickel, and cobalt to make a new battery.
Although it is technically difficult, it is easy to apply to various products, and it can be reused as a battery raw material to reduce production costs, and it can also greatly contribute to environmental protection.
Battery recycling process after using an electric vehicle
Responding to social issues
Korea Zinc's efforts and future value
Korea Zinc will responsibly solve these problems that arise as the electric vehicle market grows.
Korea Zinc, which has the highest competitiveness in zinc and soft smelting, wants to extract rare metals based on special technical capabilities and recycle them for battery production, reduce battery production costs, and contribute to environmental protection. In addition, we will work on a resource recycling structure by maximizing the merits of ensuring stable security while reducing the amount of material imports.
In addition, the global waste battery market is expected to exceed about 100,000 units in 2030, and it is evaluated as a business that is expected to be highly profitable because the purchase cost of raw materials is not large. This is a great opportunity to expand the business of Korea Zinc.
Korea Zinc is environmentally friendly by actively expanding its field from the secondary battery material business, which is the core of electric vehicles, to the waste battery recycling business, with its unique technological capabilities and the DNA of innovation that it has scaled up to now. It's about jumping into the enterprise again.