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FLASH: China daily lithium-ion battery black mass price 2026.02.25

Source: Mysteel Feb 25, 2026 16:30
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Recycled Battery Materials Price

Mysteel daily survey of China's lithium-ion battery black mass market price.

 

Unit: RMB yuan/tonne, %

Specification          
2026.02.25 2026.02.24 DoD Chg 2026.02.11 WoW Chg

Market Price (yuan/tonne)

LCO black mass, 25%≤Co≤30%, Li≥3.5%

132,800.00 131,400.00 1400.00 129,400.00 3400.00

LCO black mass, 50%≤Co≤55%, Li≥6.5%

260,300.00 257,650.00 2650.00 253,900.00 6400.00

LFP black mass, Li<2.5%

14,220.00 13,750.00 470.00 12,575.00 1645.00

LFP black mass, Li≥3.8%

23,655.00 22,895.00 760.00 20,990.00 2665.00

NMC black mass, Ni≥15%, Co≥8%, Li≥3.5%

68,250.00 66,850.00 1400.00 64,850.00 3400.00

NMC black mass, Ni≥25%, Co≥8%, Li≥6.5%

101,950.00 99,150.00 2800.00 95,400.00 6550.00

Payables (%)

LCO black mass, 50%≤Co≤55%, Li≥6.5%

         

   Payable, cobalt sulfate

87.5 87.5 0.0 87.5 0.0

   Payable, lithium carbonate

77.5 77.5 0.0 77.5 0.0

LFP black mass, 2.2%

  • <2.5% (yuan/mtu)

  • 6,050.00 5,850.00 200.00 5,350.00 700.00

    LFP black mass, Li≥3.8% (yuan/mtu)

    6,225.00 6,025.00 200.00 5,525.00 700.00

    NMC black mass, Ni≥25%, Co≥8%, Li≥6.5%

             

       Payable, cobalt sulfate

    79.3 79.3 0.0 79.3 0.0

       Payable, nickel sulfate

    79.3 79.3 0.0 79.3 0.0

       Payable, lithium carbonate

    77.5 77.5 0.0 77.5 0.0
    Source: Mysteel

     

     

     

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