Battery recycling can keep the environment from being hazardous. Here we will provide you the details of 10 recycling lithium-ion battery companies in India.
The total EV sales were up to 1.02 million in 2022 and reached 1.53 million in 2023. The increasing number of electric vehicles enhances the use of electric vehicle batteries. It is estimated that more than 10 million tonnes of lithium-ion batteries will be used by 2030, so recycling will be needed over time. Please check the below list of 10 recycling lithium-ion battery companies in India.
10 Recycling Lithium-ion Battery Companies in India
- Attero Recycling
- Tata Chemicals
- Metastable Materials
- Lohum
- BatX Energies
- Ziptrax CleanTech
- LICO Materials
- Exigo Recycling
- Li-Circle
- Rubamin
Let us discuss these 10 recycling lithium-ion battery companies in India in details:
1. Attero Recycling
Attero Recycling is transforming the battery recycling business in India. Noticing the growing demand for electric vehicles, the company announced plans to set up India’s first lithium-ion battery recycling plant. Nitin Gupta, CEO and co-founder of the company, stated that we were working on recycling lithium-ion batteries. As the government pushed towards the adoption of an increasing number of electric vehicles, recycling became the need of the hour to fulfil the supply of batteries for electric vehicles.
A single mobile phone has a single-cell battery pack, whereas a laptop is equipped with a multiple-cell battery pack, but if we talk about an electric car, its battery is made up of 1,800–2,000 cells. When the batteries of an electric vehicle reach their end, they produce a huge amount of waste that can be hazardous to nature. The company focuses on treating the waste in an environmentally friendly manner. Nitin says that we are capable of extracting more than 98% efficiency from used batteries. Attero aims to recycle up to 3 lakh metric tonnes of batteries in the next three to four years, and at present, they are capable enough to recycle 11000 metric tonnes of electric vehicle batteries.
2. Tata Chemicals
With the aim of recovering materials such as lithium, cobalt, manganese, and nickel from used EV batteries, Tata Chemicals launches the recycling plant for electric vehicle batteries. The company successfully achieved this milestone, helping to conserve the environment from pollution and expand long-term sustainability. Moreover, it launched a pilot project with the goal of recycling 500 tonnes of used lithium-ion batteries. The recovered materials in this recycling process were reused to produce new batteries. Reusing batteries is helpful to make the environment truly green.
3. Metastable Materials
Metastable Materials was founded in 2021 with the aim of recycling lithium-ion batteries by extracting valuable materials from the battery pack. It is a Bengaluru-based company. The company is scaling up its recycling capabilities by opening a 21,000-square-foot urban mining facility with the capacity to process 1500 metric tonnes of material annually. It is capable of recycling 6% of India’s demand to recycle lithium-ion batteries.
The extraction of metals from electric vehicle batteries is a tedious task, so to address it, Metastable Materials rolled out the first chemical-free integrated carbide reduction process in Bengaluru for recycling the dead lithium-ion batteries. This technology has a lower operational cost compared to other conventional methods of recycling the batteries, and its recovery rate is up to 90%.
4. Lohum
The main purpose of Lohum is to build zero-waste battery material through recycling. Lohum collaborates with Log9 to enhance the recycling of lithium-ion batteries. It is capable of recycling 10,000 metric tonnes of lithium-ion batteries under its partnership with Log9. Their partnership goal is to find out the residual value of lithium-ion batteries by maximising the utility of the spent batteries. Recycling batteries helps meet the demand for raw materials, contributing to the growth of the Indian economy. It manages their minimal impact on the environment during the recycling process.
Additionally, the company partnered with Altigreen to recycle end-of-life batteries. The company is sure to recover 95% of the raw material and use it to manufacture new electric vehicle batteries. This tie-up will help them recycle 1-GWh cargo batteries from Altigreen over the next three to four years.
5. BatX Energies
BatX Energies is a Harayana-based setup, but its main recycling facility was established in Sikndrabad (Uttar Pradesh). It excels at recycling lithium-ion batteries to create environmentally friendly and sustainable energy sources. Utkarsh Singh, CEO and co-founder, says that with the hydroelectric process, the company can extract 99.95 percent pure nickel and lithium from the black mass. We have successfully recycled 220 million batteries.
The company uses top-notch procedures and specialised tools and equipment to make recycling more effective and sustainable. It is capable enough to recycle a massive number of batteries swiftly and effectively. Along with innovation and sustainability, BatX Energies believes in recycling and reusing. The unwavering commitment to environmental sustainability distinguishes it from others in revolutionizing the recycling of electric vehicle batteries.
6. Ziptrax CleanTech
It is a Delhi-based company that uses patented technology to regenerate metals like lithium, nickel, and cobalt extracted from spent lithium-ion batteries.
7. LICO Materials
With its headquarters in Panvel, Navi Mumbai, LICO Materials was established in 2021. It uses a mechanical shredding process like magnetic separation, vibration screens, and several sieving techniques to crush the used batteries and extract materials for recycling. Using the hydrometallurgy process, it recovers lithium carbonate, manganese oxide, nickel sulphate, and cobalt sulphate. It ensures serving two purposes: zero waste, supporting environmentally friendly recycling, and reusing the recovered minerals.
LICO collaborates with Karo Shambhav, the leader in designing and implementing transformative circular and EPR solutions. Karo Sambhav uses his expertise in collecting and storing the lithium-ion batteries at LICO recycling facilities.
Gaurav Dolwani, CEO of LICO Materials, says that through collaboration, we are focusing on sustainability, ensuring our planet remains green. The company has created a road map to invest Rs. 500 crore by the financial year 2025 to develop a refining plant that would have a capacity of 10,000 metric tonnes per year.
Pranshu Singhal, who is the founder of Karo Sambhav, stated that their partnership ensures that they focus on recycling lithium-ion batteries in the right way.
8. Exigo Recycling
Exigo Recycling is a Panipat, Haryana-based company, and its recycling plant is in Samalkha and Panipat. Aman Sharma, the managing director of Exigo Recycling, focuses on recycling lithium-ion batteries in electric vehicles and other electronic waste. Moreover, it focuses on net zero waste, a circular economy, and sustainable manufacturing. It collects, reuses, and recycles spent lithium-ion batteries and other materials. The advanced and indigenous technologies recycle the e-waste, making it reusable for a greener and safer environment.
9. Li-Circle
Li-Circle, whose headquarters are in Bengaluru, is another end-of-life lithium-ion battery recycling company in India. It safely collects the used lithium-ion batteries and extracts precious metals, supplying them back to battery manufacturing. The best procedure for recycling lithium-ion batteries provides a sustainable and eco-friendly environment.
10. Rubamin
Rubamin is a Gujrat-based company that provides advanced recycling solutions for lithium-ion batteries.
Mr. Bhuwan Purohit, the executive director of the company, stated that we are working on a large project to extract materials from used lithium-ion batteries, and with the use of complex hydro- and pyro-metallurgical processes, the recovered metals such as lithium, cobalt, and nickel are pure and eradicate the waste side that leads to minimal impact on the environment. This process requires a large area and multiple steps to extract materials and reuse them.
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Conclusion
In summary, although India is still in its nascent stage of recycling lithium-ion batteries, its ecosystem is sure to grow significantly in the coming years, driven by addressing the escalating waste stream. The use of technology is sure to improve material recovery capacity and reduce the cost of recycling. The use of electric vehicles increases the bulk waste of lithium-io batteries, and the recycling of huge batteries saves natural resources. Recycling prevents pollution, helps in recovering new materials, and generates considerable economic profit. The above-mentioned are the major 10 recycling lithium-ion battery companies in India, and recycling is helpful to extract the materials from used lithium-ion batteries and effectively reuse them.
