Supply and Demand Both Wait and See, Scrap Battery Market Maintains Fluctuating Trend

Published: Jul 30, 2026 13:39

SMM Mar 17 news:

Scrap battery collection prices at retail outlets varied today, reflecting divergent quotations. Some recyclers in parts of central and east China kept their purchase prices unchanged after yesterday's lead price decline, holding EV scrap battery collection prices at 9,500-9,550 yuan/mt. Other recyclers in some east China regions lowered their collection prices to 9,300-9,350 yuan/mt, following lead price trends and smelters' lower procurement offers. After some recyclers cut their prices, retail outlets held back from selling due to low purchase prices, and with relatively limited volumes of retired scrap batteries, the recyclers who reduced prices faced purchasing difficulties, resulting in overall low arrivals.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

Images in this article contain AI-translated captions for reference only.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Rebound Momentum Insufficient, SHFE Lead Under Pressure, Closes Lower [Lead Brief Review]
15 mins ago
Rebound Momentum Insufficient, SHFE Lead Under Pressure, Closes Lower [Lead Brief Review]
Read More
Rebound Momentum Insufficient, SHFE Lead Under Pressure, Closes Lower [Lead Brief Review]
Rebound Momentum Insufficient, SHFE Lead Under Pressure, Closes Lower [Lead Brief Review]
SMM July 30: The most-traded SHFE lead 2609 contract opened at 15,850 yuan/mt today. In early trading, SHFE lead trended stronger, once attempting to hold above the 15,800 yuan/mt level but failed...
15 mins ago
Secondary Lead: Widening Divergence in Purchase and Sales Expectations, Secondary Refined Lead Market Transactions Weak [SMM Lead Daily Review]
1 hour ago
Secondary Lead: Widening Divergence in Purchase and Sales Expectations, Secondary Refined Lead Market Transactions Weak [SMM Lead Daily Review]
Read More
Secondary Lead: Widening Divergence in Purchase and Sales Expectations, Secondary Refined Lead Market Transactions Weak [SMM Lead Daily Review]
Secondary Lead: Widening Divergence in Purchase and Sales Expectations, Secondary Refined Lead Market Transactions Weak [SMM Lead Daily Review]
1 hour ago
Maronan Advances Queensland Silver-Lead Project Toward PFS as Infill Drilling Progresses
4 hours ago
Maronan Advances Queensland Silver-Lead Project Toward PFS as Infill Drilling Progresses
Read More
Maronan Advances Queensland Silver-Lead Project Toward PFS as Infill Drilling Progresses
Maronan Advances Queensland Silver-Lead Project Toward PFS as Infill Drilling Progresses
Maronan Metals said its Northwest Queensland silver-lead-copper-gold project is progressing from a Scoping Study toward a pre-feasibility study. The Scoping Study covered less than 25% of the global resource in the Starter Zone and outlined a 1.2 Mtpa operation with a 10-year mine life and approximately A$260 million of capital expenditure. It generated an NPV8 of A$377 million at a silver price of A$36/oz. The company estimates project NPV at about A$750 million at current spot silver prices, but this remains a company estimate subject to further resource definition, engineering and permitting. A 40,000 m infill drilling program is nearly 25% complete, with about 10,000 m drilled. Maronan expects a resource update before the end of the financial year, followed by a PFS and its first ore reserve around the middle of next year. Metallurgical test work has returned lead and silver recoveries above 90%, with lead concentrate grading above 70% lead and containing at least 1,500 g/t silver. An exploration decline has been permitted, while the planned mining-lease application is targeted for year-end; the decline development itself is not yet fully funded.
4 hours ago
Register to Continue Reading
Gain access to the latest insights in metals and new energy
Already have an account?Sign in here