01.From Startup to Growth
Great Mountain Enterprise was founded in July 1991, starting up from an international wholesale of scrap metal. At the beginning, our main business was selling the cobalt containing magnets and stainless steel scrap, yet we have insight the changes in international market and immediately transformed our business model, where we rely mainly on trading and supplemented by wholesaling. In the meantime, we started to adjust our business map and set up factories in Thailand, Indonesia and China.
Great Mountain Enterprise think globally, therefore, in order not to miss out on connecting with the world, we have been constantly seeking for opportunities. To open up a more complete international market, we increased investment in developing and trading of lithium battery recycling in 1996 while mobile phones became popular, which further increased our business channel and opened the door to international market for precious metals.
In 2005, Great Mountain Enterprise cooperated with a major Japanese recycling company and set up “Town Mining Company” in South Korea with lithium battery recycling & crushing factory. With equipment and technology for processing battery and recovering cobalt & nickel efficiently from secondary batteries, which allow us to increase competitive advantage.