# Minmetals subsidiary, Toyota, and Meiwa establish battery recycling venture

Hunan Yunshu Recycling New Energy Technology Co., Ltd., a subsidiary of Minmetals, jointly established Hunan Yunshu Siweipu New Energy Technology Co., Ltd. with Toyota Motor (China) Investment Co., Ltd. and Meiwa Industry (Shanghai) Co., Ltd., with a total investment of 100 million yuan. The venture focuses on power battery recycling and cascade utilization.

- Type: Partnership
- Announced: 2025-04-21
- Where: China
- Value: $13.8M (100.0M CNY)
- Status: completed
- Products: power battery recycling and cascade utilization, battery sales, ESS technical services
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hunan Yunshu Recycling New Energy Technology Co., Ltd.](https://endata.com/companies/84316.md) (partner)
- [Toyota Motor (China) Investment Co., Ltd.](https://endata.com/companies/84317.md) (partner)
- [Meiwa Industry (Shanghai) Co., Ltd.](https://endata.com/companies/84318.md) (partner)
- [Minmetals](https://endata.com/companies/84319.md) (investor)

## Sources

- [news.metal.com](https://news.metal.com/newscontent/103294872-minmetals-subsidiary-establishes-new-energy-battery-recycling-venture-with-toyota-meiwa), 2025-04-23: "On April 21, Hunan Yunshu Recycling New Energy Technology Co., Ltd., a subsidiary of Minmetals, jointly established Hunan Yunshu Siweipu New Energy Technology Co., Ltd. with Toyota Motor (China) Investment Co., Ltd. and Meiwa Industry (Shanghai) Co., Ltd., with a total investment of 100 million yuan"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.