GEM Co., Ltd. (also known as GEM Co., Ltd. or Geem; in Chinese: 格林美股份有限公司) is a leading Chinese company specializing in resource recycling, urban mining, and the recycling and remanufacturing of new energy materials. Founded in 2001 and headquartered in Shenzhen, Guangdong Province, GEM has grown into one of the world's most prominent enterprises in the circular economy, with a particular focus on the recycling of waste batteries, electronic waste, and the production of high-performance battery materials for the new energy and electric vehicle industries.
GEM is listed on the Shenzhen Stock Exchange (stock code: 002340) and has established multiple production bases and industrial parks across China, as well as international operations and partnerships in regions including Indonesia, South Korea, and Europe. The company's mission centers on the principle of "limited resources, unlimited recycling," reflecting its commitment to sustainable development and the transformation of waste into valuable resources.
Core Business Areas
GEM's operations span a wide range of recycling and materials manufacturing activities. The company has built a comprehensive industrial chain that connects waste recycling with the production of advanced materials used in batteries and other high-tech applications.
Power Battery Recycling and New Energy Materials
One of GEM's most significant business segments is the recycling of spent power batteries from electric vehicles. As the global EV market expands, the volume of end-of-life lithium-ion batteries continues to rise, and GEM has positioned itself as a leader in recovering valuable metals from these batteries.
Key activities include:
- Recovery of nickel, cobalt, manganese, and lithium from used lithium-ion batteries
- Production of ternary precursor materials (NCM and NCA precursors) used in cathode manufacturing
- Manufacturing of cathode materials for lithium-ion batteries
- Battery disassembly, sorting, and reuse of components
Cobalt and Nickel Resource Recycling
GEM is a major producer of recycled cobalt and nickel powders and compounds. The company recovers these critical metals from spent batteries, electronic scrap, and industrial waste, then refines them into high-purity materials suitable for use in battery production, electroplating, and other industrial applications.
Products in this area include:
- Ultrafine cobalt powder
- Nickel powder and nickel compounds
- Cobalt salts and cobalt compounds
- Battery-grade nickel sulfate and cobalt sulfate
Electronic Waste (E-Waste) Recycling
GEM operates large-scale facilities for the dismantling and recycling of electronic waste, including discarded appliances, circuit boards, and consumer electronics. Through advanced processing techniques, the company recovers precious and base metals, plastics, and other reusable materials.
Activities include:
- Recycling of waste household appliances such as televisions, refrigerators, washing machines, and air conditioners
- Recovery of copper, gold, silver, and other metals from circuit boards and electronic components
- Plastic recovery and regeneration
Scrapped Vehicle Recycling
The company is involved in the dismantling and recycling of end-of-life vehicles, recovering metals, plastics, and other materials while promoting environmentally responsible disposal practices in line with circular economy principles.
Tungsten Resource Recycling and Hard Alloy Materials
GEM recycles tungsten from waste hard alloys and other tungsten-containing materials, producing tungsten powders and related products used in cutting tools, wear-resistant components, and industrial applications.
Products and Services
GEM's diverse product portfolio reflects its integrated approach to recycling and materials manufacturing. The main products and services offered by the company include:
Battery Materials
- Ternary precursor materials (NCM/NCA) for lithium-ion battery cathodes
- Cathode materials for lithium-ion batteries
- Battery-grade nickel sulfate
- Battery-grade cobalt sulfate
- Lithium compounds recovered from recycling
Cobalt and Nickel Products
- Ultrafine cobalt powder
- Cobalt compounds and salts
- Nickel powder
- Nickel compounds
Recycled Metals and Materials
- Recycled copper
- Recycled plastics and regenerated plastic granules
- Precious metals recovered from electronic waste
- Tungsten powder and hard alloy materials
Recycling Services
- Power battery recycling and processing
- Electronic waste collection and dismantling
- End-of-life vehicle recycling
- Industrial waste resource recovery
- Hazardous waste treatment and disposal
Sustainability and Circular Economy
GEM's business model is fundamentally rooted in the circular economy and the concept of "urban mining," whereby valuable resources are extracted from waste streams rather than relying solely on the mining of virgin raw materials. This approach reduces environmental impact, conserves natural resources, and supports the global transition toward cleaner energy and sustainable manufacturing.
The company emphasizes green technology and environmental protection across all of its operations. By closing the loop between waste recycling and the production of new energy materials, GEM contributes to reducing the carbon footprint of the battery and electronics industries while supporting the growing demand for materials needed in electric vehicles and renewable energy storage.
Industrial Footprint and Operations
GEM has established a network of industrial parks and production facilities throughout China, including operations in Shenzhen, Jingmen (Hubei Province), Taixing (Jiangsu Province), Wuhan, and other locations. These facilities handle large volumes of recyclable materials and produce battery materials and recovered metals at scale.
Internationally, GEM has expanded its presence through partnerships and investments, including projects related to nickel resource development and processing in Indonesia, which supplies key raw materials for the battery supply chain. The company has also collaborated with international partners and customers in the automotive, battery, and electronics sectors.
Industry Position
GEM is widely recognized as one of the largest battery recycling and new energy materials companies in China and globally. Its leadership in the recovery of cobalt, nickel, and other critical battery metals positions it as a vital player in the supply chain for electric vehicles and energy storage systems. As demand for these materials grows alongside the global shift toward electrification and renewable energy, GEM's role in providing recycled, sustainable materials becomes increasingly important.
Conclusion
GEM Co., Ltd. stands as a pioneering force in the field of resource recycling and new energy materials. Through its comprehensive business model that integrates the recycling of spent batteries, electronic waste, and other materials with the production of high-value battery components, the company exemplifies the principles of the circular economy and urban mining. Its commitment to sustainability, combined with its technical expertise and large-scale operations, makes GEM a key contributor to the global clean energy transition and the responsible management of valuable resources.
