STATEMENT: Jereh Enviro at the High-End Lithium-Ion Battery Recycling Equipment Forum

-Jereh Enviro Launches Complete Equipment at Lithium Ion Battery Recycling High-End Equipment Forum.

STATEMENT: Jereh Enviro at the High-End Lithium-Ion Battery Recycling Equipment Forum

-Jereh Enviro Launches Complete Equipment at Lithium Ion Battery Recycling High-End Equipment Forum

YANTAI, China, Nov. 17, 2023 /PRNewswire/ -- Jereh Environmental Protection Technology Co., Ltd. ("Jereh Enviro" or the company), a leading global environmental management company, launched its newly developed complete recycling equipment lithium-ion batteries at the Lithium-ion Battery Recycling High-End Equipment Forum, jointly organized by China Environmental Protection Machinery Industry Association, Jereh Enviro and Shanghai Metals Market.

During the event, Jereh Enviro signed cooperation agreements with Ukrenego, Shinwoo, etc. and reached extensive cooperation in the construction of lithium-ion battery recycling project and other fields.

Given the continued growth in demand for lithium-ion batteries, it is essential to establish a secondary use of recycled battery metal materials at the end of their use for the manufacture of new batteries. According to the Global Forecast to 2031, the lithium-ion battery recycling market is projected to experience significant growth, reaching $35.1 billion by 2031, with a compound annual growth rate of 20.6% over the period.

Despite the huge market potential, most countries are still in an early stage of battery recycling development. Challenges associated with the industry, including lack of regulation, safety and environmental sustainability, become a vital concern for efficient recycling.

Addressing the problems of existing technologies, Jereh's complete lithium-ion battery recycling equipment offers a safer, more efficient and greener solution. By innovating the process route, the team adopts the combined design of precise dismantling and screening to improve the recovery rate and purity to 98%. In the crushing section, the restriction is broken to perform the electrified crushing of the batteries. The "multi-seal" crushing system and the inert gas protection system guarantee a safe process. Together with tail gas treatment technology, the equipment ensures that there are no powder or gas leaks on the production line.

With nearly twenty years of experience in manufacturing environmental protection equipment for oil and gas fields, Jereh Enviro has held a leading position in oil sludge treatment standards and technologies. The industry has higher security and entry standards. By replicating the experience in mature oil fields, Jereh Enviro brings more advanced technologies to minimize safety risks. Additionally, the company has the ability to certify products in multiple countries and customized equipment can comply with different national regulations and policies.

After the event, one of the complete lithium-ion battery recycling equipment, customized with "low temperature volatilization cryogenic electrolyte recovery", will be delivered to Australia to contribute to efficient recycling.

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