EcoPro BM Holds Public Hearing in Hungary

At the 2026 Asian Battery Materials Cooperation Forum (South Korea) - Battery Raw Materials Value Chain Forum hosted by SMM, Lin Ziya, Senior Analyst of Lithium Battery Recycling at SMM, shared insights on "The Impact of Global Nickel, Cobalt, and Lithium Price Changes on the Battery Recycling Landscape." She noted that SMM expects the share of disassembly recycling in the global nickel, cobalt, and lithium raw material supply system to continue rising. On the lithium supply side, the recycling share is climbing steadily; by 2030, the supply share of spodumene ore is expected to pull back to 51%, brine and lepidolite ore shares will see minor changes, and the disassembly recycling share will rise to 15%, with recycled lithium's supply weighting continuing to expand. In terms of nickel supply, the recycling supply scale is steadily expanding. By 2030, nickel intermediate products will account for 60%, becoming the primary supply source; nickel matte and NPI supply shares will contract somewhat, while the recycling share will edge up to 19%, playing a stable supplementary role in supply. In the cobalt supply sector, the recycling share shows the most prominent growth. By 2030, the supply share of copper-cobalt ore will decline to 45%, nickel-cobalt ore will rise to 29%, and the recycling share will climb sharply to 23%. Among nickel, cobalt, and lithium, cobalt's recycling supply growth ranks first.

Recently, according to India's Business Standard, the Indian government is formulating an advanced battery component incentive program totaling approximately 130 billion rupees (about $1.4 billion). The program's incentive scope covers key battery cell components, including cathode and anode active materials, electrolyte, separators, and copper foil. According to sources familiar with the matter, the program has completed inter-ministerial consultations and is about to be submitted to the Ministry of Finance's Expenditure Finance Committee for approval.