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Town Mining recycles lithium-ion batteries and other waste to recover rare and non-ferrous metals.
Founded in 1998 and based in Gyeongsangbuk-do, South Korea, Town Mining recycles waste lithium-ion batteries, nickel compounds and cathode materials. Its recovery products include cobalt hydroxide, nickel and lithium compounds, black mass and complex sulfate. The company conducts research on rare metal recovery and holds multiple related patents. It raised KRW 38.5 billion from Asteran Investment in April 2021.
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