On 24th August, South Korea-based IS Dongseo made an announcement on the acquisition of BTS Technology, a European battery recycler. Through the acquisition, IS Dongseo is officially entering the European battery recycling market. BTS Technology is currently building its pre-treatment facility with a capacity of 12,000 tonnes of end-of-life batteries, potentially up to 24,000 tonnes.  

IS Dongseo is accelerating its battery recycling business 

IS Dongseo has built its domestic battery recycling value chain from end-of-life battery pre-processing to post-treatment processes through acquisitions in recent years. IS Dongseo first acquired a Korean waste battery dismantling company, Insun Motors in 2019, and a stake in Canadian-based recycling company Lithion in 2022 allowing IS Dongseo to use Lithion’s hydrometallurgical technology. This year, IS Dongseo continued expanding with…

To read the rest of the article, and for full access to our news and insights, log in to our Membership Platform. If you are not a Member, you can request a trial of the platform.

Image credit: IS Dongseo