Ni & Co CONFERENCE: High cobalt prices boost cobalt recycling in China; EV battery recycling takes time

摘要

The Chinese market has witnessed a cobalt recycling boom in the past year as a result of high cobalt prices, although the establishment of a truly comprehensive and efficient recycling system is still some way off, Fastmarkets learned from a cobalt panel discussion in Xiamen, China.“The rally in cobalt prices has provided a lot of incentive to [cobalt] recycling businesses, and sped up the establishment of a recycling system [in China],” Ou Hancheng, general manager of Ganzhou Highpower Technology told the delegates at Antaike’s Nickel & Cobalt Conference on November 8.