Asia black mass payables under more pressure from thin battery metal margins

Demand for black mass in key Asian import markets has faced further pressure in the past week amid weakening battery metals prices which are leaving consumers of the shredded battery powder with poor margins, sources said.

The most recent deals heard done for nickel cobalt manganese (NCM) black mass with content in the range of 15-25% nickel, 5-15% cobalt and 3-5% lithium in the key South...