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SHUNHUA LITHIUM recycles lithium iron phosphate batteries into industrial materials.
Established in 2016 and based in Changsha, SHUNHUA LITHIUM recycles used lithium iron phosphate batteries, electrodes, and powder into lithium carbonate, sodium sulfate, cathode materials, and aluminum particles. It has production bases in Zhuzhou and an R&D center in Changsha. The company raised approximately CNY million in pre-Series B funding in September 2023 from Sensegain Asset Management, Shanghai Aotu Investment Management, Sinomime Resource Exploration Co., Ltd, Vision Group, and Zheshang Venture Capital. It plans R&D investment in projects processing 150,000 tons of waste batteries.
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