Today, SK Ecoplant announced that its Singaporean unit, TES-AMM, has successfully processed and recycled over 6,000 metric tons of discarded batteries.

October 16, 2023

1 Min Read
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Paul Holmes / Alamy Stock Photo

Today, SK Ecoplant announced that its Singaporean unit, TES-AMM, has successfully processed and recycled over 6,000 metric tons of discarded batteries.

TES, the electronic waste recycling company, has been processing and recycling lithium batteries from cell phones, tablets, and laptops.

Lithium, cobalt, and other rare metals were effectively extracted from discarded batteries at 92%, with a purity level reaching upwards of 99%. This continues TES’ success in the battery recycling market, following its award-winning streak over the last few years.

“In addition to processing small batteries, we have also been solidifying and internalizing our expertise in recycling batteries from electric vehicles,” stated an official from SK Ecoplant. “We plan to secure an edge in the global EV battery recycling market that is estimated to reach a scale of 600 trillion won ($442 billion) by 2050.”

TES operates in 23 countries currently, including facilities for discarded batteries in Singapore, Shanghai, and Grenoble, France.

“Our ultimate goal is to achieve a closed loop circular economy, recycling rare metals extracted from waste batteries to manufacture new batteries,” SK Ecoplant CEO Park Kyung-il said in a statement.

Read the full article here.

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