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As global lithium resources become increasingly scarce, the explosive growth of the electric vehicle and energy storage sectors intensifies supply-demand conflicts. Traditional mining is not only energy-intensive and time-consuming but also carries risks of ecological damage. In this context, establishing a sustainable supply system for metal resources has become urgent.

Recycling: The Key to Unlocking Resource Challenges

The metal content in retired batteries—such as lithium, cobalt, and nickel—far exceeds that of primary ores. Through specialized refining processes, up to 95% of these metals can be recovered, forming a closed-loop industry chain of “ore-battery-recycled resources.” This model alleviates pressure on primary mineral development and reduces environmental pollution risks. The refined recycled metals can be used in new battery production, ensuring stable supply chains while generating circular economy benefits.

Hong Kong’s Green Mission

As an international metropolis, Hong Kong faces dual challenges in the adoption of electric vehicles: insufficient local recycling facilities lead to over-reliance on cross-border processing, creating gaps in environmental regulation and posing potential risks to strategic resource security. Accelerating the development of a scalable power battery recycling system, utilizing advanced processing technologies to convert discarded batteries into recyclable resources, is essential. This initiative not only drives the transformation of the green industry but also solidifies Hong Kong’s competitive advantage in sustainable development.

Chun Yang International: Leading the Charge in Battery Recycling

As a key stakeholder in Hong Kong’s environmental industry, Chun Yang International (HK) Company Limited successfully secured the development projects for EcoPark T2 and T3 in 2024, launching the city’s first “Power Battery Processing Facility.” Construction is set to commence in June 2024, progressing as scheduled, with operations expected to begin in the first quarter of 2026.

This facility will employ internationally recognized advanced processing technologies to systematically handle locally generated retired lithium battery groups. The high-purity black powder produced will seamlessly integrate into the battery manufacturing supply chain, significantly reducing the overall carbon footprint while achieving the core objective of the “Hong Kong Resource Circulation Blueprint 2035” to “turn waste into materials,” as well as advancing the carbon reduction goals outlined in the “Climate Action Blueprint.”