Battery recycling north korea

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Korean Newspaper Headlines

Editorials from Korean Dailies

SEOUL, March 23 (Yonhap) -- South Korea will be able to source 20,000 tons of lithium hydroxide from domestically recycled electric vehicle (EV) batteries by 2045 as EV purchases will increase, an outlook that calls for strategic efforts to promote the emerging industry given supply chain instability, a report showed Thursday.

South Korea heavily depends on foreign sourcing, especially from China, for the supply of critical battery components. Last year, it imported 82 percent of its lithium hydroxide demand from the neighboring country.

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