Latest Update in the SMM Cathode Material Market

Spot lithium carbonate prices fluctuated upward this week, with the overall price center moving significantly higher.

[SMM Lithium Battery Electrolyte Market Weekly Review: Electrolyte Prices Remained Relatively Stable This Week (11.10-11.13)] From November 10 to November 13, 2025, electrolyte prices remained temporarily stable in the short term. However, considering the pressure from the cost side and the dynamic changes in the supply-demand relationship, electrolyte prices were expected to have further room for increase.

In November 2025, BYD's FinDreams Battery updated the official technical information graphic for consumer batteries on its website, listing solid-state electrolytes under electrolytes as part of chemical innovations. Other materials, such as high-energy-density ternary cathode materials, high-energy-density silicon-based anodes, and ultra-thin, high-viscosity separators, were also integrated with solid-state electrolytes to form a closed loop for solid-state batteries.

This Week's Recycling Event Progressed as Follows:

Recycling Industry Events This Week (November. 3-7)

In November 2025, BYD's FinDreams Battery updated the official technical information graphic for consumer batteries on its website, listing solid-state electrolytes under electrolytes as part of chemical innovations. Other materials, such as high-energy-density ternary cathode materials, high-energy-density silicon-based anodes, and ultra-thin, high-viscosity separators, were also integrated with solid-state electrolytes to form a closed loop for solid-state batteries.

Australia’s Pilbara Minerals (ASX: PLS) has found operating in Brazil to be easier than at home, just months after completing a A$560 million ($363 million) acquisition to establish a foothold in South America.

LATP, leveraging its cost and synthesis advantages, is being rapidly adopted as a separator coating and electrode additive in solid-state and semi-solid-state batteries. The current market size is limited, approximately at the 1 billion level, primarily constrained by instability with lithium anodes and competition from technologies such as LLZO. It serves as an important transitional material in the short to medium term.