Recycling industry margins squeezed by low virgin material prices

Bearish raw material markets are dragging down black mass prices and payables, squeezing the margins of players in the recycling industry. Prices for black mass from lithium iron phosphate (LFP) scrap feedstock have been the worst hit by the low lithium price environment, with the aggregated price for LFP black mass dropping 2.33% month-on-month to […]