[SMM Announcement] SMM NCM/NCA Black Mass Nickel and Cobalt Coefficients (FOB Korea) New Price Officially Launched Announcement.

Published: Oct 28, 2025 18:20

Source: SMM

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Dear User,

Hello!

On September 12, 2025, SMM officially launched new weekly price points for lithium battery recycling. The newly added price points include:

1. SMM Black Mass, NCM/NCA, Payable indicator, cobalt, FOB Koera, % payable of SMM's Cobalt Metal (in-whs Rotterdam), Specification: 18% < Ni < 40%;
2. SMM Black Mass, NCM/NCA, Payable indicator, nickel, FOB Koera, % payable of LME's Nickel Cash Official price，Specification: 5% < Co < 18%;

The price are updated and maintained every Friday at 12:00 PM. On September 12, 2025, this week’s SMM NCM/NCA black mass‘s weekly price was 87%-91%, remaining unchanged from last week.

We welcome more related companies in the industry chain to participate and support SMM in better serving the new energy industry chain.

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.

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