Toyota Tsusho and LG Energy Solution to form battery recycling JV in North Carolina

Toyota Tsusho and LG Energy Solution agreed to establish a joint venture for automotive battery recycling in North Carolina, US. The JV will operate a pre-processing business to crush and sort battery scrap, extracting nickel, cobalt, and lithium, with facilities expected to start in 2026.

“Toyota Tsusho announced that it has reached an agreement with LG Energy Solution to establish a joint venture for automotive battery recycling in North Carolina, US.”news.metal.com

• 1 source
• news.metal.comToyota and LG to Jointly Establish Battery Recycling Company in North America - Shanghai Metals Market (SMM)Shanghai Metals Market (SMMJun 19, 2025

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