News Release
FY2021
October 1, 2021
JX Nippon Mining & Metals Corporation
JX Metals Circular Solutions Starts Operation
JX Metals Circular Solutions Co., Ltd. (President: Kazunori Tajiri; "JXCS;" Headquarters: Tsuruga-shi, Fukui), a new company established by JX Nippon Mining & Metals Corporation (President: Seiichi Murayama; "the Company") in May this year, started operation today. JXCS will develop production technology and conduct trials to advance technology development for closed-loop recycling that will re-use minor metals contained in used automotive lithium-ion batteries (LiBs) as raw materials for new automotive batteries.
The JX Nippon Mining & Metals Group will advance its efforts, led by the Company's Battery Material & Recycling Promotion Office, to achieve recycling of automotive LiBs through a three-site structure comprising JXCS, the Technology Development Center (Hitachi-shi, Ibaraki), which conducts tests using bench-scale equipment, and JX Metals Circular Solutions Europe GmbH (Frankfurt am Main, Germany), which was established in August this year to advance commercialization in Europe.
In conjunction with JXCS starting operation, the Tsuruga Plant, which has conducted LiB recycling trials as an organizational unit within the Company's Battery Material & Recycling Promotion Office, was abolished with effect from today.
(For reference) JXCS Overview
| Name | JX Metals Circular Solutions Co., Ltd. |
| Business activities | Technology development for closed-loop recycling of automotive LiBs |
| Location | 1 Wakaizumi-cho, Tsuruga-shi, Fukui |
| Representative | Kazunori Tajiri, Representative Director and President |
| Capital | 20,000,000 yen |
| Establishment | May 10, 2021 |
| Shareholder | JX Nippon Mining & Metals Corporation (100%) |