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catl chairman: it is expected that by 2042 there will be no need to mine new mineral resources

2024-09-28

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china news service, haikou, september 27 (yin qianyun and wang xiaobin) catl chairman zeng yuqun said at the 2024 world new energy vehicle conference on the 27th that catl has established a battery life cycle management system and expects to no longer need to mine new batteries by 2042. of mineral resources.
zeng yuqun mentioned that in order to deal with climate change, catl will build a "zero-carbon new infrastructure", that is, through technological innovation and new business models, it will promote infrastructure upgrades and build an efficient, intelligent, and zero-carbon infrastructure system.
specifically, he believes that "zero-carbon new infrastructure" should have three major characteristics. the first is a panoramic integrated solution. to address climate change, electrification of transportation is only part of the equation. from ports, terminals, factories to the cities we live in, almost all scenarios need to be reinvented through zero-carbon solutions. this is the key to accelerating the energy transition.
second, the "zero-carbon new infrastructure" is sustainable. it must be committed to achieving sustainable development from the beginning of the design and have long-term environmental and economic sustainability. zeng yuqun mentioned that as a core element of "zero-carbon new infrastructure", batteries must be recyclable, otherwise they will bring new environmental problems.
he said that catl has built a full life cycle management system for batteries, and batteries can be recycled up to 15,000 times. in 2023, catl will recycle 100,000 tons of used batteries and re-produce 13,000 tons of lithium carbonate. the lithium recovery rate will reach 91%, and the nickel cobalt manganese recovery rate will reach 99.6%.
in addition, "zero-carbon new infrastructure" is a new global ecology. he pointed out that unbalanced development is another major problem in the energy transition. to deal with climate change, it is not enough to rely solely on achieving zero carbon in some regions. the whole world must work together.
"this requires the opening and sharing of technology, and close cooperation between countries in terms of policy, industry, and market." zeng yuqun believes that innovative methods should be used to allow technology, industry, and experience to flow globally to jointly solve problems in the green transformation process. create a green, stable and reliable "zero-carbon new infrastructure" ecosystem. (over)
(source: china news network)
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