Graphite recycling industry ushers in a new chapter

Against the backdrop of the booming global new energy industry, the recycling and reuse of used lithium batteries has become an important 

issue in promoting the sustainable development of the industry. Recently, Greenmax Corporation (hereinafter referred to as ‘Greenmax’, stock 

code: 002340), a leading company in the field of environmentally friendly new materials, announced a major cooperation with China Minmetals 

Group (Heilongjiang) Graphite Industry Co. (hereinafter referred to as ‘Minmetals Graphite’) and Shenzhen Benzheng Equation Graphene Technology 

Company Limited (hereinafter referred to as ‘Benzheng Equation’), marking a solid step in the construction of an integrated recycling industry chain of graphite.

In this cooperation, the three parties will rely on their respective advantages in resources, technology, production capacity and market application, 

to jointly explore the innovative path of graphite recycling and purification technology, and devote themselves to the research and development of 

high-performance anode materials and the expansion of application scenarios, with the aim of creating a complete green recycling industry chain 

from the recycling of waste lithium batteries to the production of high-purity graphite and the supply of lithium-ion anode materials. This is not 

only an in-depth practice of the current concept of resource recycling, but also a powerful impetus to the sustainable development of the new energy industry.

As the graphite industry platform of China Minmetals Group, Minmetals Graphite has the advantages of the whole industrial chain of 

‘resources + production capacity + technology + new materials’, especially in the field of graphite purification technology with significant

competitiveness, and its approved ‘Heilongjiang Graphite Purification and Processing Centre’ innovation platform is to provide solid technica

 support for the cooperation. Its approved ‘Heilongjiang Graphite Purification and Processing Centre’ innovation platform provides solid technical 

support for the cooperation. As a leader in the field of environmental protection, GLM has been committed to the recycling of waste resources 

for a long time, especially in the field of recycling of used lithium batteries, and has accumulated rich experience and technical reserves. On the

 other hand, Benzheng Equation has leading technical strength and market insight in graphene and anode material preparation.

The core of the tripartite cooperation lies in realising the efficient recycling and purification of waste lithium anode materials through technological 

innovation and resource integration, and then producing high-performance lithium anode materials to meet the market demand in the fields of new

 energy vehicles and energy storage systems. This process can not only effectively alleviate the problem of resource shortage and reduce the dependence

on primary mineral resources, but also reduce environmental pollution and achieve a win-win situation in terms of economic and environmental benefits.

Looking into the future, with the increasing global attention to new energy industry, the recycling and reuse market of used lithium batteries will usher

 in explosive growth. The cooperation between Greenpeace, Minmetals Graphite and Benzheng Equation has undoubtedly set a new benchmark for 

the graphite recycling industry and injected a new impetus for the sustainable development of the new energy industry. We have reason to believe 

that driven by scientific and technological innovation, this green recycling industry chain will continue to grow, contributing more power to the 

construction of a resource-saving and environmentally friendly society!