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Telecommunications & Media

South Korea government, 3 telecoms to recycle critical minerals from scrapped network equipment

South Korea\'s government and the country\'s three mobile carriers will cooperate to promote domestic circulation and reuse of rare earths and other critical minerals contained in scrapped telecommunications equipment. The Ministry of Science and ICT and the climate ministry signed an agreement on June 11 with SK Telecom, KT, LG Uplus, KCA and the Korea Environment Corporation. A pilot project will track disposal and distribution flows and support automation, facilities, and guidelines.

Finance

Woori Investment Securities sole lead manager for Ecopro Indonesia unit 120 billion won fundraising

Woori Investment Securities acted as sole lead manager for a 120 billion won fundraising by Green Eco Nickel, Ecopro\'s Indonesian unit, it said on Wednesday. The brokerage said the deal was a large corporate finance transaction carried out on the back of stronger capital after a 1 trillion won capital increase early last month. Ecopro plans to use the funds to expand infrastructure at local refining facilities.

Industry

Electrode restoration tech emerges that recovers up to 95 percent of used lithium-ion battery capacity

A technology has been developed to restore the performance of electrodes from used lithium-ion batteries without dismantling or melting them. Researchers expect the method can recover up to 95 percent of battery capacity and more than halve manufacturing costs for refurbished batteries. The approach regenerates electrodes directly on their metal current collectors by removing the SEI layer using a DMI solvent and applying a recovery process. It was tested mainly on EV batteries with 70 to 80 percent state of health.