Keyking Recycling
Specialized lithium-ion battery recycling for battery-grade materials.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
N/A | Series B | ||
| Total Funding | 000k | ||
Hunan Keyking Recycling Technology Co., Ltd., founded in May 2016, is a high-tech enterprise focused on the green economy. The company specializes in the disposal and recycling of used lithium-ion batteries, power batteries, and other lithium-containing scrap materials. It transforms these materials into high-value, battery-grade products, including lithium carbonate, nickel sulfate, cobalt sulfate, and manganese sulfate.
The core founder, a graduate of the Metallurgical Department of Central South University, brings extensive practical experience in mineral dressing and hydrometallurgy to the company. This expertise has propelled Keyking to the forefront of the industry. The company has developed several exclusive process technologies, such as charged battery crushing and a one-step method for preparing battery-grade lithium carbonate. These methods allow for a lithium recovery rate of 95-99%, significantly higher than the industry average of 80-85%.
The company's business model is centered on recovering valuable elements from spent batteries and selling them as purified, battery-grade materials. It actively seeks to purchase spent lithium-ion battery materials from suppliers to support its operations. Keyking has received significant financial backing, completing Series A and A+ funding rounds that raised hundreds of millions of yuan from investors like Sinochem International, CITIC New Future, and SAIC Capital China. These funds are allocated for constructing new production lines and strengthening cooperation along the industry chain.
Keyking has achieved numerous milestones, including being named a national “Little Giant Enterprise” for its specialization and innovation and being added to the Ministry of Industry and Information Technology's 'white list' of enterprises in the waste power battery utilization industry. The company holds over 100 core technological R&D outcomes and more than 35 authorized patents, and has participated in the formulation of over 20 national and industry standards.
Keywords: lithium battery recycling, battery material recovery, hydrometallurgy, battery-grade lithium carbonate, circular economy, cleantech, nickel sulfate, cobalt sulfate, spent battery processing, new energy materials, power battery recycling, green technology, environmental services, e-waste recycling, scrap material processing, sustainable materials, resource recovery, advanced materials manufacturing, industrial recycling, specialty chemicals