Analysis of recycling volume of ternary lithium batteries and lithium iron phosphate batteries in China in 2023

In 2023, China will actually recycle 249,000 tons of ternary lithium batteries and waste materials, and 363,000 tons of lithium iron phosphate battery waste. The proportion of lithium iron phosphate battery recycling has increased to 68%, and more and more companies have begun to establish lithium iron phosphate battery recycling production lines.