Podcast: Lithium January Market Outlook
China's ministry of industry and information technology
announced new regulations for the recycling of used new energy
vehicle (NEV) power batteries. The regulations, with effect from 1
January, include new recovery rates for major battery metals. The
recovery rate for nickel, cobalt and manganese should not be below
98%, while the rate for lithium must be above 85%.
The regulations are expected to increase supplies of battery metals such as lithium, nickel, cobalt and manganese. The additional supplies are likely to be mostly used in NEV batteries.
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Gain transparency into the lithium market with
IHS Markit Global Lithium and Battery Materials Service's
5-year price forecasts and 10-year supply/demand forecasts.
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