The Fastmarkets webinar, “Lithium-Ion Battery Recycling Markets in 2025,” covered the Black Mass market, recycling for raw material security, and global trade trends. Experts from Fastmarkets highlighted the rising need for recycling to secure raw materials, global trade trends with European exports and Asian imports, and pricing tied to nickel, cobalt, and lithium.

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Interested in more content from the Fastmarkets team? Why not take a look at this article on, Electric vehicle economics: How lithium-ion cell costs impact EV prices. 

The cell costs in this article consider material prices and manufacturing costs. Taxes and profit margins are excluded. Key takeaways. Li-ion cell costs are at a record low, having dropped 50 – 60 % between Jan 22 and Aug 24 in China, and enabling a new era of affordable EVs.