What is the recycling price for MMO titanium anodes?

　　As of November 2026, the recycling value of MMO (Mixed Metal Oxide) titanium anodes is significantly higher than that of ordinary titanium scrap. Their core value is determined by the content of precious metals—such as ruthenium and iridium—present in their surface coatings. While ordinary titanium scrap fetches only tens of yuan per kilogram, MMO titanium anodes can command prices ranging from hundreds to thousands of yuan per kilogram; the recycling value of an intact anode with a high-density coating can be dozens of times greater than that of an equivalent weight of ordinary titanium scrap.