In the spirit of full transparency, Battery Rescue have chosen to publish their recycle battery prices because we want to create a business model where everyone in the battery recycling supply chain is paid fairly. To ensure an adequate return on our BTS Containers we have a sliding scale for prices paid based on annual volumes collected.
Note that prices paid will fluctuate according to the price paid by the Battery Recycler. This is largely a function of the London Metals Exchange (LME) price for lead and the $US/$A exchange rate and is updated by the recycler at the beginning of each month. If the Battery Recycler’s price increases or decreases by more than 5% then the customer price schedule below will be updated. The Graph below shows the LME Lead price for the past 12 months in Australian Dollar terms.
Recent Changes in Recycler’s Prices Paid
August 2020 Small increase in LME Lead Price and recycler’s price. No change in Battery Rescue’s price paid.
July 2020 The price paid by Ramcar this month increased by $30 due to an improvement in the Lead LME Price.
May 2020 unfortunately more pain on the battery price front. A steep drop in the USD Lead LME Price combined with an improving $A to $USD exchange rate, saw a $88 drop in the price paid by our recycler. Contributing to the steep decline was a further reduction in the percentage of the LME Lead price paid by Ramcar, down to 15.6%. Of the $88 drop, $41 was due to the declining LME Price and $47 due to Ramcar’s price reductions.
April 2020 saw a further decline in the price paid by Ramcar of $57/tonne for used lead acid batteries. This is despite the LME price for lead in Australian dollars remaining largely unchanged with the previous month. The price decrease is mainly due to a lack of competition, with the only other significant Australian recycler, Hydromet, closing their doors for 1 month, due to the Corona Virus.
December & January 2019 saw significant declines in the LME Lead price from $3212/tonne to $2759 that has contributed to the recent decline in the price paid by our battery recycler, Ramcar* (formerly Enirgi Group). The other significant factor is that Ramcar has over the last 6 months, been decreasing the price they pay to the market place. In May this year the price paid was 24.5% of the LME Lead Price. This percentage has gradually decreased since and as of January 2020 sits at 19.4%.
* Ramcar own and operate the largest used lead acid battery recycling facility in Australia, located in Wagga Wagga, NSW. They acquired the operation from the Enirgi Group in 2018.
Recycle Battery Price Schedules
Used Battery Price Schedule for Perth Metro
This price schedule applies for Perth Metro locations as far north as Bullsbrook, south to Mandurah and east to Chidlow.
The price was last updated in August 2020 due to an increase in the LME Lead price.
Used Battery Price Schedule for Regional WA
This price schedule applies for regional locations such as mine sites and is based on the customer arranging and paying for the transport of the Battery Transport & Storage (BTS) Containers to and from their site, to Battery Rescue’s nominated yard.
The price was last update in August 2020 due to an increase in the LME Lead price.
Historical Battery Recycling Prices
Battery Rescue’s past battery recycling prices can be found here.