In a statement, EcoGraf Managing Director, Andrew Spinks said the said the agreement will enable SunEel evaluate its proprietary purification process to recover and re-use high-purity battery carbon anode material from production scrap and black mass from lithium-ion battery materials produced at their South Korean plant.
Spinks said SungEel is one of the major lithium-ion battery recycling companies and is well connected to the South Korean lithium-ion battery supply chain, which includes both electric vehicle and battery manufacturers.
SungEel currently process24,000 tonnes of lithium-ion battery materials per year, with plans to increase to 56,000 tonnes per year, through their South Korean hydrometallurgical plant to recover cathode metals. The processed material contains approximately 22 percent carbon anode material.
“The agreement sets out as tagged recycling program to recover the carbon anode and re-use the material in industrial applications, including lithium-ion battery market. If initial results are positive, SungEel will use their South Korean connections to assist in securing a strategic supply chain partner to support and participate in the product development and engineering phase to establish a carbon anode recycling facility,” the company’s statement added.
EcoGraf is pleased to support SungEel to achieve greater battery recycling by recovering the carbon anode materials. The company expects to tailor and customise the EcoGraf TM flow-sheet to minimise impurities remaining after their hydrometallurgical process, Spinks stated in his statement while adding that closing the carbon loop in order to achieve greater battery recycling, has the potential to contribute to lowering both the battery unit cost and carbon emissions for the EV market.
“Battery recycling is gaining greater importance with leading EV and lithium-ion battery manufacturers,” the EcoGraf chief executive noted.
EcoGraf is building a vertically integrated business to produce high purity graphite for the lithium-ion battery market. The new state-of-the-art processing facility in Western Australia will manufacture spherical graphite products for export to Asia, Europe and North America using a superior, environmentally responsible purification technology to provide customers with sustainably produced, high performance battery anode graphite.
In time the battery graphite production base will be expanded to include additional facilities in Europe and North America to support the global transition to clean, renewable energy in the coming decade.
To complement the battery graphite operations, EcoGraf is also developing the TanzGraphite natural flake graphite business, commencing with the Epanko Graphite Project, which will supply additional feedstock for the spherical graphite processing facilities and provide customers with a long term supply of high quality graphite products for industrial applications such as refractories, recarburisers and lubricants.