Just checking in to see if there is still a pulse in here.
I noticed this post this afternoon from Benchmark indicating a spike in black mass prices in North America due to Asian recyclers trying to source feedstock internationally.
Not too sure if this is a good or bad thing for NMT since it indicates that like all other battery minerals China are also way ahead of the game on recycling as well and already looking further afield to lock in as much feedstock as they can.
On the flip side - it is a sign that recycling is getting closer to being a mainstream sector, and an increasing trend in the value of black mass should in turn be a good thing for NMT/RIL over time.
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