D Block Metals News & Information

The prices of lithium hydroxide and lithium carbonate, essential materials for lithium-ion batteries, have fallen by more than 80% throughout 2023 and into 2024.

Current recycling rates for critical metals are alarmingly low. Building a circular economy where metals are reused and recycled will be essential for reducing the environmental footprint of green technologies.

Recyclers are expected to see increased interest in high-value scrap materials such as tungsten alloys, used cutting tools, and worn-out industrial machinery.

The upcoming administration has indicated plans to impose a universal tariff ranging from 10% to 20% on all imported goods, with an even higher rate of 60% specifically targeting Chinese products.

The historic Tungsten Queen Mine in Vance County, North Carolina, was once the largest producer of tungsten in the United States.

The immediate impact is on revenue; with lower prices for metals like gold and platinum, recyclers earn less per unit, tightening profit margins.