Sources and links on page 318 (1)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
Text on page 318
Recyclers Consider Their Business Models Carefully To Withstand Long-Term Challenges CURRENT NA & EU RECYCLING MARKETS USING “BUY AND SELL” MODELS CHINESE MARKET CHARACTERIZED BY MORE CLOSED LOOP PARTNERSHIPS
In short-term, the profit margins of pure-play recyclers are under pressure from low raw material prices. Those that operate in a closed loop/tolling arrangement are more protected from current market dynamics. In the long-term, as end-of-life batteries become more abundant than manufacturing scrap, companies will want to seize the opportunities of the ‘open buy & sell’ model. To increase value add and improve margins, black mass refiners are vertically integrating in both directions - into collection, shredding/black mass production, and precursor cathode production (pCAM).
Source: Content & analysis provided courtesy of Roland Berger (Distinguished Partner). For more information, visit https://www.rolandberger.com/en/Insights/Global-Topics/Battery/.
Extracted from the PDF; charts and images may read imperfectly.
More in Industry (21)
Page 318 · 2/14