Doosan Enerbility to Build Secondary Battery Recycling Plant in Daegu... Construction to Start in April Next Year

Business Agreement between Representatives Hong Jun-pyo and Jeong Yeon-in

On the afternoon of the 16th, Daegu City signed an investment agreement (MOU) for an eco-friendly battery material recycling manufacturing facility within the Daegu National Industrial Complex at the Sangyeok Government Building, attended by Hong Joon-pyo, Mayor of Daegu, and Jeong Yeon-in, CEO of Doosan Enerbility Co., Ltd.

Under this agreement, Doosan Enerbility (formerly Doosan Heavy Industries & Construction) will begin construction in April next year of a secondary battery core material recycling plant in the second phase area of the Daegu National Industrial Complex, aiming to start operations by September 2025.

Doosan Enerbility CEO Jeong Yeon-in (right) is signing a business agreement with Daegu Mayor Hong Jun-pyo to build a secondary battery recycling plant in Daegu.

They will establish a dedicated battery material business subsidiary headquartered in Daegu called Doosan Recycle Solution Co., Ltd., promoting it as a production hub for secondary batteries, and plan to build an agile management system to secure competitiveness in future new businesses.

The Daegu plant will fully adopt the latest smart factory systems such as remote support for production lines and logistics automation, and will operate as a secondary battery material mother factory, serving as a base for research and development, demonstration, and commercialization.

Doosan Enerbility has independently developed a new technology that can environmentally recover lithium without using chemical reagents by separating nickel, cobalt, and manganese from cathode powder waste. From the second half of 2025, they plan to establish a commercial production facility with an annual capacity of about 3,000 tons and continuously expand the business in cooperation with raw material suppliers.

Lithium, a core material of cathode active materials, accounts for 40% of the cost of electric vehicle batteries. With the rapid growth of the electric vehicle market, the global market size for waste batteries is expected to reach 87 trillion KRW by 2040, prompting companies to actively secure stable material supply chains and engage in recycling businesses.

Location map of the Daegu National Industrial Complex Phase 2, where Doosan Enerbility's secondary battery recycling plant will be established.

Daegu City succeeded in attracting Doosan Enerbility by leveraging strengths such as site expandability, infrastructure, workforce availability, related industry development policies, and comprehensive one-stop investment support.

Daegu City plans to establish a foundation for building a global supply chain for secondary battery materials by having Doosan Enerbility, a core affiliate of the Doosan Group, contribute to the Daegu National Industrial Complex, and actively nurture this as Daegu’s future growth engine for the next 50 years.

To build a related industrial ecosystem, Daegu is focusing on the ‘Secondary Battery Industry Circular Park’ project, which includes establishing a used battery testing and evaluation center in the adjacent Dalseong 2nd Industrial Complex, creating a core technology R&D base, and attracting anchor and related companies for cluster development. This project is also linked with initiatives such as the selection of the ‘Future Mobility Motor Materials Specialized Complex’ and designation as a ‘Opportunity Development Special Zone,’ expected to generate significant synergy in fostering the battery convergence industry.

Jeong Yeon-in, CEO of Doosan Enerbility Co., Ltd., said, “We have established the manufacturing facility in the Daegu National Industrial Complex, which offers excellent geographic accessibility with a large-scale cathode active material plant nearby. Through this agreement, we will quickly apply Doosan Recycle Solution’s competitive lithium recovery technology to contribute to the revitalization of the secondary battery industry.”

Hong Joon-pyo, Mayor of Daegu, said, “Doosan Enerbility’s decision to invest in Daegu shows that the future industries Daegu has been steadily preparing are becoming competitive and attractive. We will operate the one-stop investment support team to provide full administrative and policy support to ensure the successful promotion of Doosan’s new business investments.”

This content was produced with the assistance of AI translation services.