Durapower forges recycling alliance with GLC Recycle, Green Li-ion

A trio of Singapore-based companies has reached an agreement to provide for the recycling of lithium-ion batteries into new battery materials in Southeast Asia.

End-of-life batteries collected by Durapower Holdings Pte. Ltd. will be directed to GLC Recycle Pte. Ltd., which operates a battery materials recycling facility in Laos. GLC Recycle also will work with Green Li-ion on what the firms call advanced battery recycling technology.

“Today, with the help of our two new partners, we are truly closing the loop in a way that benefits our customers and the planet,” Durapower Group CEO Kelvin Lim said at a late-February contract signing ceremony.

Durapower provides closed-loop, end-to-end energy storage solutions for a variety of e-mobility, specialty and stationary applications. The company develops and manufactures lithium-ion battery materials and battery cells and has a global presence spanning 23 countries and 48 cities.

GLC Recycle, founded in 2022, is able to process more than 15,000 metric tons of batteries per year. The company says it is looking to double its battery recycling capacity to 30,000 metric tons by the end of this year.

“GLC Recycle is proud to be part of this alliance, which will create the proper recycling outcome for discarded batteries while also producing the critical materials to make new ones,” said Yang Mingdong, CEO of GLC Recycle.

A processing facility GLC Recycle operates in Laos can treat more than 22,000 metric tons of black mass, and the firm says it is taking steps to double that capacity by the end of 2024.

“This is a great day for Green Li-ion and a great day for lithium-ion battery recycling in Southeast Asia,” Green Li-ion co-founder Leon Farrant said. “Through this partnership, Singapore and its neighbors in the region are securing battery materials that will be much needed in the future.”