An ejection assembly for a mobile terminal is disclosed. The mobile terminal includes a back cover and a screen assembly covering the back cover. The ejection assembly includes: at least one driving mechanism; a first decorative member; a second decorative member, opposite to and spaced apart from the first decorative member, wherein the first decorative member and the second decorative member are movable toward each other or away from each other; and at least one lifting mechanism, disposed between the first decorative member and the second decorative member; each of the at least one lifting mechanism being connected to the corresponding driving mechanism; driven by the at least one driving mechanism, the at least one lifting mechanism is capable of driving the first decorative member and the back cover to move away from each other, such that the first decorative member is substantially flush with the screen assembly, and the second decorative member is substantially flush with the back cover. A mobile terminal having the ejection assembly is further disclosed. The screen ratio is improved without affecting the overall appearance of the mobile terminal.