7spinカジノ and LG Energy Solution Agree to Establish Automotive Battery Reclamation Joint Venture in North America
- Circular Economy
2025-06-19
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 trendsLG 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 processFor 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 batteriesGoing 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 futureThrough 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


Overview of GMBI
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Company name
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Green Metals Battery Innovations, LLC |
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Location
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North Carolina, 7spinカジノ |
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Established
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May 2025 |
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Representative
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Shunji Nakagawa |
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Shares
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7spinカジノ America Inc 51%LG Energy Solution Michigan 49% |
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Business description
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Pre-processing of end-of-life automotive batteries and production scrap for rare metal recovery |
Overview of 7spinカジノ
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Company name
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7spinカジノ Ltd |
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Location
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Seoul, Korea |
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Established
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December 2020 |
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Representative
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Kim Dong-Myung |
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Business description
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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 announcementPlease note that information may change after the date of announcement Thank you in advance for your understanding
