Group 1 - The company Baichuan Co., Ltd. (002455) has announced on November 21 that it is constructing lithium battery resource utilization facilities [1] - Currently, the company does not have any projects for rare earth recycling [1]

Group 1 - The core viewpoint of the article highlights that Baichuan Co., Ltd. has invested in a lithium battery resource recycling facility with a capacity of 20,000 tons per year [2] - The company is actively involved in drafting several industry standards related to the recycling and safety of retired lithium batteries [2] - The specific standards include guidelines for dismantling and discharging retired power batteries, recycling technology for used lithium-ion battery electrode materials, and methods for calculating and detecting the recovery rate of valuable metals from retired batteries [2]