[SMM Announcement] SMM NCM/NCA Black Mass Nickel, Cobalt, and Lithium Payables (FOB Malaysia) New Price Officially Launched Announcement.

Dear Users,

Greetings!

On December 12, 2025, SMM will officially launch new weekly price points for lithium battery recycling. The newly added price points are as follow:

1. SMM Black Mass, NCM/NCA, % payable of SMM's Nickle sulphate, FOB Malaysia, Specification: 18% < Ni < 40%;

2. SMM Black Mass, NCM/NCA, % payable of SMM's Cobalt sulphate, FOB Malaysia, Specification: 5% < Co < 18%;

3. SMM Black Mass, NCM/NCA, % payable of SMM's Lithium sulphate, FOB Malaysia, Specification: 5.5% < Li < 6.5%;

The price will be updated and maintained every Friday at 12:00 PM. 

Relevant companies from the New Energy Industry Chain are welcomed to participate and support SMM in better serving the New Energy Industry Companies.

Shirley Wang 021-51666838 wangcong@smm.cn
Maria Ma 021-51595780 marui@smm.cn
Freya Lin 021-51666902 linziya@smm.cn
Rayna Lei 021-20707873 leiyue@smm.cn
Melanie Choy (Malaysia) +6012-4926909 melanie.choy@smm.cn
 

Shanghai Metals Market New Energy Research Team
December 2, 2025