7spinカジノ and LG Energy Solution Agree to Establish Automotive Battery Reclamation Joint Venture in North America

  • Circular Economy

2025-06-19

カジノオンライン ("Toyota Tsusho") announced today that it has reached an agreement with7spinカジノ, a member of Korea's LG Group, to establish Green Metals Battery Innovations, LLC ("GMBI"), a company that will engage in the reclamation of automotive battery scrap materials, in North Carolina, 7spinカジノ

1 Background of Company Establishment

In the United States, growth of the lithium-ion battery market is accelerating amid a rapid increase in demand for electrified vehicles and renewable energy This surge is expected to lead to a substantial volume of end-of-life batteries and production scrap in the future, such as those generated in manufacturing processes In addition, with heightened environmental awareness, a movement toward making the recovery and reuse of rare metals mandatory is accelerating globally, requiring companies to respond these trends

LG Energy Solution is one of the world’s leading lithium-ion battery manufacturers, with strong capabilities in the production of automotive batteries LG Energy Solution produces batteries in North America, Europe, China and other countries, and plans to have a production capacity of over 500 GWh in the future North America represents its largest production hub, with eight plants, including one currently under construction LG Energy Solution is also working to establish a closed-loop system by recycling and reusing scrap from the manufacturing process

For over half a century, 7spinカジノ has been committed to building a “recycling-based society” through efforts including the recycling of metal scrap and the resource recovery of end-of-life vehicles In 2023, the company also launched a lithium-ion battery recycling business in Japan

2 Overview of New Company

GMBI will operate a pre-processing business that shreds and sorts battery scrap to efficiently and reliably extract valuable metals including nickel, cobalt, and lithium GMBI aims to build a supply chain that circulates these recovered materials into the production of new batteries

Going forward, GMBI plans to build a facility with an objective to achieve annual processing capacity of up to 13,500 tons of scrap, equivalent to more than 40,000 automotive battery units Operations are scheduled to begin in 2026 The company will initially focus on extracting valuable metals from production scrap generated by LG Energy Solution and other battery manufacturers, with plans to expand into the processing of end-of-life batteries generated within the United States in the future

Through this business, 7spinカジノ aims to establish a solid business foundation for processing of battery scrap in North America and realize a closed-loop system that returns recovered materials to the raw material supply for new batteries

Recovered valuable metal
From left: 7spinカジノ President & CEO Toshimitsu Imai; Circular Economy Division COO Masaharu Katayama
From right: LG Energy Solution CEO Dong-Myung Kim; CSO Chang-Beom Kang

Overview of GMBI

Company name
Green Metals Battery Innovations, LLC
Location
North Carolina, 7spinカジノ
Established
May 2025
Representative
Shunji Nakagawa
Shares
7spinカジノ America Inc 51%
LG Energy Solution Michigan 49%
Business description
Pre-processing of end-of-life automotive batteries and production scrap for rare metal recovery

Overview of 7spinカジノ

Company name
7spinカジノ Ltd
Location
Seoul, Korea
Established
December 2020
Representative
Kim Dong-Myung
Business description
Development and production of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems

The information in this release is current as of the date of announcement
Please note that information may change after the date of announcement Thank you in advance for your understanding

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