1、Market trends and JYT Recycling Technology for Lithium CarbonateSpeaker PIC:Sang Woong,LeeE-mail:sam417jaeyoungtech.co.krJAE YOUNG TECH Co.,LtdGlobal EV&Battery MarketThe global EV market was estimated to be valued at USD 7,723 thousand units in 2021 and is expected to grow to annual growth rate of
2、21.3%during the forecast period.Increasing demand for environmentally alternatives,government policies,and high recharge capacities are primary factors causing EV and Battery market growth.Electric Vehicle Market size by region,2020-2030(Unit:Thousand)Source:Polaris Market ResearchGlobal Battery pro
3、duction capacity(Unit:GWh)Source:KOTRAChina EU US Japan Norway South Korea UK ETC Forecast Battery Recycling MarketSince Q3.2023 Lithium price showed temporary decline,but inflation could occur from 2025 as natural mining resources fail to keep up with demand for raw materials.The rapid rise in meta
4、l prices causes resource competition among countries.Therefore,high market growth prospect of metal recovery industry through waste battery recycling.Source:statistaMarket value of Lithium-ion battery recycling sector worldwide in 2021 and 2022,with projection in 2031Company Name JAE YOUNG TECH Co.,
5、LtdCEO Jae Ho ParkEstablishment Aug.2016Location Gumi,KoreaCapital$6.3M(USD)Capacity Lithium Carbonate 2,000t(Annual)Ni Sulfate 4,000tCo Sulfate 1,600tManganese Carbonate 700tNCMSO410,000tMain products Meatal(Li,Ni,Co,Mn)Recycling BusinessLi2CO3&NCMSO4Solution ManufacturingIntroduction of JYT Genera
6、l InformationGumi HQ 1stPlantGumi 2ndPlantSang Ju 3rdPlantMar.2017 Established Gumi 2ndPlant(4,763)MP facilities Construction for Lithium Carbonate(Li2CO3)Oct.2017 Start MP Sales of Lithium Carbonate(Li2CO3)Sep.2018 Established Sangju 3rd Plant(9,917)MP facilities Construction for NCM-Sulfate soluti