The black mass is the concentrated lithium and other metals left when lithium EV batteries are recycled into their parts. This black mass is then processed along with other raw materials to make new batteries.
There are these Chicken Littles who say that EV batteries are too expensive, then contradict themselves by saying the EV batteries end up in landfills! If they’re so valuable, why would anyone throw them into a landfill? That’s stupid nonsense!
Electric Viking Sam talks about this black mass, how valuable it is and how it may be traded on the commodity exchange.