Output of Nickel, Cobalt and Lithium Salts in Recycling Market Increased MoM

SHANGHAI, Mar 21 (SMM) - According to SMM survey, in February 2023, the volume of nickel sulphate recovered stood at 3,539 mt in metal content, cobalt sulphate 1,484 mt in metal content, cobalt oxide 40 mt in metal content, industrial-grade lithium carbonate 1,099 mt, battery-grade lithium carbonate 3,716 mt, and crude lithium carbonate 1,443 mt. Due to the rapid changes in the industry dynamics, more and more recycling enterprises emerge. In order to ensure the accuracy and reliance of SMM data, 25 new samples of recycling companies have been added since 2023. And SMM will update the survey samples in time according to the actual production situation of recycling enterprises.