Recycling lithium batteries

Insights and intelligence to understand the future of the li-ion battery recycling market

Recycled material and the battery supply chain

Interest and investment in lithium battery recycling have grown in recent years as the global battery supply chain looks to feed the growing demand for battery raw materials and reduce carbon emissions from metals production. There are increased legislative pressures to localize supply chains, so market participants are looking at ways to increase battery recycling capacity and adopt black mass as a primary feedstock in manufacturing battery chemicals. Read on to find out more about the latest insights into black mass, recycled metals and electric vehicle (EV) battery recycling.

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Understanding lithium battery recycling and the recycled metals market

Get the latest insights on recycling lithium batteries, black mass and the recycled metals market

The publication of Fastmarkets’ MB-BMS-0014 Black mass, NCM/NCA, payable indicator, cobalt, domestic, exw USA, % payable Fastmarkets’ standard-grade cobalt price assessment and MB-BMS-0015 Black mass, NCM/NCA, payable indicator, nickel, exw USA, % payable LME Nickel cash official price assessment for Wednesday November 20 was delayed due to reporter error. Fastmarkets’ pricing database has been updated.

Li-Cycle has successfully closed on an upsized loan from the US Department of Energy (DOE) to support the development of the its Rochester Hub Project, the company announced alongside its third-quarter earnings report on Thursday November 7.

The United States Department of Energy (DOE) announced on Thursday October 31 a further $44.8 million in funding from the Bipartisan Infrastructure Law (BIL) for eight projects to lower the costs of recycling electric vehicle (EV) batteries and EV battery components to ultimately decrease overall EV costs.

Li-Cycle announced on Thursday October 31 that it had entered an agreement with Glencore to sell 100% of the premium nickel-cobalt mixed hydroxide precipitate (MHP) production at its stalled hub in Rochester, New York – a step that could support Li-Cycle’s efforts to finalize a loan with the US Department of Energy (DOE).

A new Chinese state-owned enterprise (SOE) called China Resources Recycling Group (CRRG) has been established to build a national platform for recycling and reusing resources, according to an announcement from Chinese officials on October 18. While details of the company’s specific plans remain scarce, market participants remain concerned about weak market fundamentals, sources told Fastmarkets..

British recycling firm Altilium is building up its operations to a “fully circular” model that will enable the recovery of battery-grade metals from scrap or black mass, a company spokesman told Fastmarkets on Thursday October 10.

How we can help you understand the battery recycling market
Learn more about how the Battery Recycling Outlook can help you

Gain a competitive edge in the emerging battery recycling market

The Battery Recycling Outlook includes 10-year source, supply and price forecasts so battery and automakers, material manufacturers and battery recyclers can understand and leverage recycling supply.

The Battery Recycling Outlook allows you to:

  • Dig into forecasts and outlooks for black mass and battery materials
  • Get a clear and accurate assessment of battery technology and the major recyclers
  • Get actionable insights on the economics of battery chemistries
  • Understand key ESG and supply chain qualification criteria

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Get expert insights into the exciting and rapidly-growing battery recycling sector in Asia. Listen to the recording of the webinar from May 30, 2023 to find out more.

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