The average price of Batteries Scrap is £519.29/ton in the UK. What is the highest price for the Batteries Scrap in the UK? The highest price of Batteries Scrap is £702/ton in the UK.
A huge opportunity exists for lithium ion battery recycling in the UK. 140GWh worth of cell production capability, representing 567,000 tonnes of cell production, requiring 131,000 tonnes of cathodic metals. Recycling can supply 22% of this demand (assuming a 60% recycling rate and 40% reuse or remanufacture).
UK-based OEMs pay between £3 and £8 per kg to recycle end of life lithium ion batteries that are exported abroad for material recovery. The material must later be repurchased. ► The average value in end of life automotive packs is £3.3/kg for BEVs and £2.2/kg for PHEVs.
Recycling can supply 22% of this demand (assuming a 60% recycling rate and 40% reuse or remanufacture). ► The break-even point for an automotive lithium ion battery recycling plant is 2,500 – 3,000 tonnes per year if the chemistry contains nickel and cobalt.
Current prices are updated on January 03,2025 According to the latest scrap yard rates, the average price of batteries scrap in the United Kingdom is 0.51 £/Kg. The Barry scrap yard reported the lowest price, 0.3 £/Kg, and the Kent scrap yard reported the highest price, 0.69 £/Kg.
Currently the UK lacks industrial capacity for lithium ion battery recycling, therefore batteries are shipped to mainland Europe for material recovery. This can be a very expensive process, dependent on state of health of the pack, chemistry of the pack and size of the pack. The cells and modules are sent to mainland Europe for recycling.
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