Keyking Recycling

Keyking Recycling

An information technology firm that develops a digital recycling platform that rewards consumers for recycling. Learn more
  • Edit
DateInvestorsAmountRound
*

CNY200m

Series B
Total Funding$27.5m

Recent News about Keyking Recycling

Edit
More about Keyking Recyclinginfo icon
Edit

Hunan Keyking Recycling Technology Co., Ltd., established in 2016, operates in the lithium battery industry, specifically focusing on the disposal and recycling of wasted lithium batteries and related materials. The company has carved a niche for itself by specializing in the purification of crude lithium salt and the research, development, manufacturing, and sales of lithium compounds and other lithium battery-related products.

The company's business model revolves around the recycling of lithium batteries, a critical component in the growing electric vehicle and renewable energy sectors. By recycling these batteries, Keyking not only contributes to environmental sustainability but also taps into a lucrative market of repurposing valuable materials.

Keyking's clients are likely to be companies in the renewable energy and electric vehicle sectors that require lithium batteries and related products. The company's operations are based in the Wangcheng Economic Development Zone, where it recently commenced the construction of the Keyking Recycling Power Battery High-end Material Industry Park. This project, which represents an investment of 8 billion, is expected to strengthen the advanced energy storage material industry chain in the region and drive global, high-end, and intelligent development in this industry.

In terms of revenue, Keyking makes money by selling the recycled materials and the lithium, nickel, cobalt, and manganese compounds it produces. The company's innovative approach and specialization in a growing market, backed by 35 authorized patents, position it well for future growth.

Keywords: Lithium Battery Recycling, Lithium Compounds, Nickel Compounds, Cobalt Compounds, Manganese Compounds, Battery Disposal, Crude Lithium Salt Purification, Renewable Energy, Electric Vehicles, Advanced Energy Storage.