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The most profitable EV batteries to recycle are made of lithium, nickel, cobalt and manganese. To extract the metals, the batteries have to be dismantled and shredded into whats known as “black mass".
(Bloomberg) -- They call themselves “garbage collectors,” but the metal boxes that Li and his team in southern China gather and sell are in reality immensely valuable — and difficult to come by.Most Read from BloombergS&P Logs Worst Day in Two Months, Bonds Power On: Markets WrapThe Hedge Fund Traders Dominating a Massive Bet on BondsTrump Barred From Colorado Ballot in Unprecedented RulingApple Races to Tweak Software Ahead of Looming US Watch BanOnce Africa’s Richest Woman, Dos Santos Has $734
(Bloomberg) -- They call themselves “garbage collectors,” but the metal boxes that Li and his team in southern China gather and sell are in reality immensely valuable — and difficult to come by.Most Read from BloombergS&P Logs Worst Day in Two Months, Bonds Power On: Markets WrapTrump Barred From Colorado Ballot in Unprecedented RulingThe Hedge Fund Traders Dominating a Massive Bet on BondsApple Races to Tweak Software Ahead of Looming US Watch BanOnce Africa’s Richest Woman, Dos Santos Has $734