Latest news with #BatX
Time of India
10 hours ago
- Business
- Time of India
Govt-backed project to recover lithium, cobalt, nickel from used batteries
New Delhi: The Technology Development Board (TDB), under the Department of Science and Technology, has extended financial support to Gurugram-based BatX Energies Pvt Ltd to scale up a battery recycling project capable of recovering up to 99 per cent of lithium, cobalt, nickel and manganese from used lithium-ion batteries. The project, titled 'Technologies for generation of battery grade materials and value addition through closed loop,' will focus on the commercialisation of an indigenous hydrometallurgical process to extract battery-grade materials, the Ministry of Science & Technology said in a statement. BatX Energies has developed a proprietary low-temperature, low-pressure recycling process that is agnostic to lithium-ion battery chemistries. The dual-mode (wet and dry) black mass recovery system achieves recovery rates between 97 per cent and 99 per cent, the company said. The end-to-end process, including battery collection, shredding, metal leaching, and downstream purification, is entirely indigenously developed and patented. BatX has filed seven patents, of which two have been granted. 'The shift toward electric mobility and renewable energy must be matched by equally robust recycling infrastructure. Supporting indigenous technologies like that of BatX Energies strengthens our clean energy supply chain, enhances strategic mineral independence, and positions India to lead in sustainable industrial innovation,' said Rajesh Kumar Pathak, Secretary, TDB. According to BatX, the recovered battery-grade compounds—such as lithium carbonate and cobalt sulphate—meet international specifications and are intended for both domestic and export markets. 'TDB's support is a game-changer for us. It validates our commitment to green technology and enables us to scale a truly indigenous solution for battery recycling. We are confident this initiative will not only reduce our critical mineral imports but also set new benchmarks in clean-tech innovation globally,' said Utkarsh Singh, Co-Founder and CEO, BatX Energies. The proposed facility will expand operations beyond the existing pilot unit to full-scale commercial production. The company said its process reduces dependence on imported recycling equipment and helps minimise the import of critical minerals. The project is aligned with national goals under Aatmanirbhar Bharat , circular economy promotion, and reducing reliance on imported raw materials for energy storage systems.
Time of India
10 hours ago
- Business
- Time of India
Govt-backed project to recover lithium, cobalt, nickel from used batteries
New Delhi: The Technology Development Board (TDB), under the Department of Science and Technology, has extended financial support to Gurugram-based BatX Energies Pvt Ltd to scale up a battery recycling project capable of recovering up to 99 per cent of lithium, cobalt, nickel and manganese from used lithium-ion batteries. The project, titled 'Technologies for generation of battery grade materials and value addition through closed loop,' will focus on the commercialisation of an indigenous hydrometallurgical process to extract battery-grade materials, the Ministry of Science & Technology said in a statement. BatX Energies has developed a proprietary low-temperature, low-pressure recycling process that is agnostic to lithium-ion battery chemistries. The dual-mode (wet and dry) black mass recovery system achieves recovery rates between 97 per cent and 99 per cent, the company said. The end-to-end process, including battery collection, shredding, metal leaching, and downstream purification, is entirely indigenously developed and patented. BatX has filed seven patents, of which two have been granted. 'The shift toward electric mobility and renewable energy must be matched by equally robust recycling infrastructure. Supporting indigenous technologies like that of BatX Energies strengthens our clean energy supply chain, enhances strategic mineral independence, and positions India to lead in sustainable industrial innovation,' said Rajesh Kumar Pathak, Secretary, TDB. According to BatX, the recovered battery-grade compounds—such as lithium carbonate and cobalt sulphate—meet international specifications and are intended for both domestic and export markets. 'TDB's support is a game-changer for us. It validates our commitment to green technology and enables us to scale a truly indigenous solution for battery recycling. We are confident this initiative will not only reduce our critical mineral imports but also set new benchmarks in clean-tech innovation globally,' said Utkarsh Singh, Co-Founder and CEO, BatX Energies. The proposed facility will expand operations beyond the existing pilot unit to full-scale commercial production. The company said its process reduces dependence on imported recycling equipment and helps minimise the import of critical minerals. The project is aligned with national goals under Aatmanirbhar Bharat , circular economy promotion, and reducing reliance on imported raw materials for energy storage systems.
