Keywords: Black Mass, Lithium Carbonate, Lithium Hydroxide, Lithium Recovery, Battery Recycling, LFP, NCM
Why the Choice of “Which to Recover” Matters
From black mass obtained through EV battery recycling, the final lithium compounds recovered
are primarily lithium carbonate (Li₂CO₃) and lithium hydroxide (LiOH).
This choice is not merely a difference in chemical form.
It is a strategic decision that significantly impacts downstream applications, marketability, and profitability.
Differences in Basic Properties
| Item | Lithium Carbonate | Lithium Hydroxide |
| Chemical Formula | Li₂CO₃ | LiOH・H₂O |
| Stability | High | Hygroscopic |
| Recovery Process | Relatively simple | Requires additional steps |
| Price | Standard | Premium (10-30% higher) |
Clear Segmentation by Application
🔋 Applications Where Lithium Carbonate is Preferred
- LFP (Lithium Iron Phosphate) batteries: Rapidly expanding in the Chinese market
- Ceramics & Glass: Stable demand in industrial applications
- Pharmaceutical ingredients: Bipolar disorder medications, etc.
→ For China’s LFP market: Choose Lithium Carbonate
⚡ Applications Where Lithium Hydroxide is Preferred
- NCM/NCA high-nickel batteries: For premium EVs in Europe and North America
- Aerospace applications: CO₂ absorbents, etc.
- High-performance lubricants: Specialty applications
→ For European and North American high-performance battery markets: Choose Lithium Hydroxide
Market Trends and Profitability
Price Trends
- Lithium hydroxide generally trades at a higher price point
- However, recent surge in LFP demand has driven lithium carbonate prices upward
- What matters most is “securing stable buyers” rather than just price differentials
Exit Strategy Considerations
Case 1: Targeting Chinese Market → Lithium Carbonate / High-volume demand response / Cost competitiveness focus
Case 2: Targeting European Market → Lithium Hydroxide / EU regulation compliance / Traceability emphasis
Case 3: Flexible Supply System → Recover as lithium carbonate → Convert as needed
Dainen Materials’ Strengths
As a specialized trading company in black mass, we propose recovery strategies designed from the exit point backward.
✓ Global Supplier/Buyer Network (Asia, Europe, North America)
✓ Optimization proposals based on market trends
Do You Have These Concerns?
- Uncertain which compound offers higher profitability for recovery
- Want to design quality specifications matching buyer applications
- Need to revise shipment design considering overseas regulations
Feel free to contact us. We support recycling design with the exit in mind.