Lithium recovery rate is 90%?"Ning Wang" and "Lithium King" snorted, what challenges do power battery recycling?

At the 2022 World Power Battery Conference held on July 21, Zeng Yuqun, chairman of the Ningde Times (300750.SZ), said, "Most of the materials in the battery can be repeatedly used. It reached 99.3%, and the lithium reached more than 90%. "

However, the "Lithium King" Tianqi Lithium (002466.SZ/09696.HK) questioned that lithium recovery can theoretically, it can not reach large -scale recycling and reuse in commercial applications, and believes that the lithium recovery rate in the Ningde era "The laboratory should be able to do it, but I haven't seen it in business."

In Ningde Times responded to this, "Welcome to Bangpu, Guangdong to see advanced mass production technology."

Regarding the differences between the two parties, some people in the industry pointed out to the Hongxing Capital Bureau that "technology can indeed reach 90%of the recovery rate at present, and the technology can also be used. However Recycling is not formal. "

The recycling of power batteries has both resources and a market of 100 billion levels. With the continuous growth of sales and ownership of new energy vehicles, power batteries are ushered in retirement. The Ministry of Industry and Information Technology attaches great importance to the recycling and utilization of power batteries, and is gradually establishing and improving the industry's institutional mechanism and industry standards.

The biggest challenge is the market mechanism

Can't find a buyer in the upstream, the battery cannot be found in the lower reaches

Sun Fengchun, an academician of the Chinese Academy of Engineering, pointed out in his speech that my country's power battery recycling faces three major challenges: the contradiction between the short -term supply and demand of raw materials is more prominent; the market mechanism of power battery recycling and utilization is not high; developed countries have set up "carbon barriers".

The first is the trend of excess power battery capacity. According to incomplete statistics, my country's head battery enterprise plans to have a planned production capacity of 2500GWh in 2025, which is 16 times that of the installation volume in 2021, which can support 56 million EVs (pure electric vehicles) an annual output. "This is obviously unrealistic."

Focus on the market mechanism. The number of battery recycling companies has increased rapidly from more than 3,000 in 2021 to the current 24,000. "I don't think so much." In addition, the resource allocation is unreasonable, the construction and recovery costs are high, and the recovery rate of regular enterprises is low. Sun Fengchun reminded, "Be careful not to return, not to accept, do not need, and abuse."

In addition, there are many enterprises in various links, and information circulation is difficult to guarantee. The issues such as asymmetry of retired batteries and the asymmetry of enterprises from the back -end recycling and use of enterprises are prominent. The results of industry research show that the recovery price of cobalt, nickel, lithium carbonate and other materials has soared, and the increase even exceeds the price of new materials.

Professor Wang Zhenpo, a professor at Beijing University of Technology, also mentioned that the difficulty is that the upstream and downstream information of the industrial chain is asymmetric. There is no downstream buyer in the upstream battery, the upstream of the downstream cannot find the upstream battery, and the transparency of the transaction is relatively low. There are defects, opaque prices, and the health state of batteries is difficult to evaluate; the industry's equipment level is low in different categories and types of batteries; intelligent and green levels are not enough.

Zhang Yuping, deputy general manager of Green Meimei (002340.SZ) Co., Ltd., said that the current problem is difficulty in recycling, fine disassembly, difficulty in recycling and regeneration, and difficulty in security control.

100 billion -level market

Doing power battery recycling is to make a mine of 10 million tons

GGII (High Industry Research Institute) data shows that in 2021, the national lithium battery theory reached 512,000 tons, and the actual recycling of waste old lithium batteries was 299,000 tons, of which 258,000 tons of batteries used for regeneration were used. 10,000 tons.

Where did the battery go?

Bao Wei, president of Huayou Cobalt (603799.SH), said that many links have battery ownership. From battery manufacturing, to new energy operation companies and individuals, to battery banks, battery maintenance, maintenance, used car trading, and finally dismantling the plant, so the links may be missing.

He specifically mentioned that "except for Weilai (09866.HK/nio.us), the power exchange method is a real physical separation method. Many car companies have proposed a cooperation needs with us, that is, a car and two invoices, and the battery is not to achieve the battery. Physical separation, but only the separation of financial power. In the future, battery banks may account for a large proportion of battery exports in China. "

my country's foreign dependence is very high, and the recovery of power batteries mainly solves the problem of external dependence. Zhang Yuping pointed out that if it goes on the development of the current industry, lithium nickel and cobalt can only support for decades. By recycling, by 2025, lithium nickel and cobalt can reach one -third of the demand that year. "Why do we do power battery recycling and use, that is, to make a mine of 10 million tons", "the power battery recycling industry reaches 100 billion output value."

Guangfa Securities Research Report pointed out that by 2030, the scale of lithium battery recycling will be 108.9 billion yuan in neutral prediction. The industry generally predicts that this is a 100 billion -level market.

Bao Wei said that the recycling industry has reduced the cost of the full life cycle of lithium batteries by more than 20%through steps and regeneration utilization.

You Yong, deputy director of the Ministry of Industry and Information Technology Energy Conservation and Comprehensive Utilization, said at the World Power Battery Conference that the acceleration of the development of the new energy vehicle industry has further driven the sharp rise in key metal imports such as lithium, cobalt, and nickel. At the same time, some external uncertain factors have also produced some external pressure on our resources. Therefore, the recycling of new energy vehicle power batteries is not only a strategic choice for promoting the recycling of resources and alleviating the bottleneck constraints of resource bottlenecks. An important starting point is an important measure to protect the ecological environment. "The current recycling market is undergoing profound development, the residual value of waste power batteries has increased significantly, and its recovery price has also risen, and it is not willing to recycling from enterprises to become fragrant."

At the meeting, Wang Zhenpo issued a prediction report for power battery recycling and utilization. It preliminarily predicted that the average power battery in the next five years will be retired by 20-30GWH/160,000 tons per year. It is expected that the cumulative retirement volume will exceed 142.2GWH/926,000 tons by 2026. From 2022 to 2026, the cumulative volume of TOP10 power battery companies will reach 90GWh, and the Ningde era of TOP1 will reach 44GWH.

Power battery recycling outlets have broken 10,000

Industry standards are still lacking

The Ministry of Industry and Information Technology attaches great importance to the recycling and utilization of power batteries, and has successively introduced a series of policies such as the "Interim Measures for the Management of New Energy Vehicle Power Battery Recycling and Use", as well as the national standards, labels and corporate standards of the key links of power battery recycling; The platform has currently included 94%of new energy vehicles in the country into traceability management; promoting automobile manufacturers to implement producers to build 10,171 recycling outlets, covering 31 provinces and 326 administrative urban areas; actively cultivating and strengthening waste power batteries Comprehensive backbone enterprises have selected 3 batches of 45 ladder and regeneration companies.

According to Wang Zhenpo, the traceability management platform has entered the information of battery production, sales, maintenance, and replacement.

At present, the platform is connected to more than 10 million vehicles, with a battery pack of over 14 million units, and the electricity is over 500GWh. As of the end of June 2022, more than 1,000 industrial chain upstream and downstream enterprise platforms were registered, more than 470 automobile production was produced, more than 380 were recovered and dismantled, and more than 280 were comprehensively used.

However, the industry standards for power battery recycling are still lacking. At present, there are 10 national standards for power battery recycling, mainly involving general requirements and management. There are only 17 bids, which are concentrated in non -ferrous metals and chemical industries.

Wang Zhenpo revealed that in February this year, the retired battery recycling industry standard work group was formally approved by the Ministry of Industry and Information Technology. The working group set up a secretariat to be responsible for the organization and coordination of standard projects. At present, a variety of recycling models have been established, and the 4S stores are mainly promoted by the use of outlets and regional center stations. In the second half of this year, the carbon footprint, remaining capacity assessment, and harmless crushing sorting will be carried out in the second half of this year.

The Ministry of Industry and Information Technology will also further improve the recycling system, support technical research such as efficient disassembly, regeneration and utilization, and continuously improve the proportion of recycling and utilization and utilization efficiency.

Sun Fengchun suggested that it is necessary to accelerate the creation of low -carbon and zero -carbon battery industry chains; strengthen product circulation efficiency and design concepts.

He emphasized the need to strengthen the energy attributes of power battery, weaken its high -value electric vehicle component attributes; pursue the mileage suitable for scenes and meet the needs, reduce the quality of the vehicle, and save energy and reduce consumption; vigorously promote the power exchange mode, the electricity separation, efficient and longevity and longevity. Land for battery. "Now everyone is pursuing the mileage of endlessly, one thousand kilometers or more than 800 kilometers. I think this is not a very worthy phenomenon."

Red Star News reporter Wu Dan Ruo Luomin

Edit Yu Dongmei

- END -