US EditionLG Energy Solution and Toyota Tsusho Establish a Battery Recycling Joint Venture in the U.S.
- LG Energy Solution has signed a deal with Toyota Tsusho Corp. to create a battery recycling joint venture in the U.S.
- The joint venture, named Green Metals Battery Innovations LLC, will be located in Winston-Salem, North Carolina.
- Construction of the facility is set to begin this year, with operations expected to start in 2026, processing up to 13,500 tons of scrap annually.
- Kang Chang-beom, chief strategy officer of LG Energy Solution, stated that this venture will enhance the competitiveness of their recycling business in North America.
64 Articles
64 Articles
LG Energy Solution, Toyota Tsusho Form JV For Battery Recycling In U.S.
(RTTNews) - Lithium-ion battery maker LG Energy Solution Ltd., a split-off from LG Chem, announced Thursday that it has established a joint venture with Toyota Tsusho Corp., a member of Japanese auto major Toyota Motor Corp. (TYT.L, TM), focused on battery recycling in the United
Johnson City Press
LG Energy Solution and Toyota Tsusho Establish a Battery Recycling Joint Venture in the U.S.
The joint venture company Green Metals Battery Innovations will construct a pre-processing facility in North Carolina to extract black mass, a key material for battery recyclingThe new facility objective is to achieve an annual processing capacity of 13,500 tons of…
[Digital Daily Reporter Bae Tae-yong] LG Energy Solution is joining hands with Toyota Tsusho, a trading company of the Toyota Group in Japan, to establish a battery recycling joint venture in North America. This is the first full-fledged start to build a virtuous cycle of resources covering the entire cycle from battery production to recycling. On the 18th, LG Energy Solution announced that it had agreed with Toyota Tsusho to establish a batter…
LG Energy Solution joins hands with Toyota Tsusho to set up battery recycling JV
LG Energy Solution, Korea's leading battery manufacturer, said Thursday it has signed a deal with Toyota Tsusho, a trading company under Japan's Toyota Group, to set up a battery recycling joint venture (JV) in the United States.
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