Ace Green Recycling, a provider of sustainable battery recycling technology, has secured a site in Mundra, Gujarat, to build what it says will be India's largest battery recycling facility. The area is conveniently located near major ports that handle more than 10% of India's sea freight.
The facility will build on Ace's existing operations, which have been recycling lithium-ion batteries since 2023, including lithium iron phosphate (LFP) chemicals. Ace plans to establish 10,000 metric tons per year of LFP battery recycling capacity in India by 2026. The company, incorporated in Delaware, also has plans to use its recycling technology in Texas.
Ace says its LithiumFirst technology enables it to recycle LFP batteries at room temperature through an all-electric hydrometallurgical process that produces no Scope 1 carbon emissions and no liquid or solid waste. Ace boasts commercial lithium recovery rates from LFP batteries of approximately 75%—the end product is lithium carbonate at over 99% purity, which is returned to the battery supply chain.
“LFP is expected to dominate the lithium battery market by 2030, and Ace will strategically increase our LFP battery recycling capacity to meet demand,” said Ace CEO Nishchay Chadha. “We believe Ace is unique in its ability to recycle LFP batteries in a sustainable manner, and we plan to continue our focus on this market to build on our pioneering capabilities. Our team recently visited battery recycling facilities in China, and we believe that our LFP battery recycling technology is very advanced, despite the more mature and larger lithium-ion system there.”
“Ace's new technology allows for the profitable recycling of LFP batteries, even with the current low lithium content, by recovering significant amounts of this valuable mineral,” added Chief Technology Officer Vipin Tyagi.
Source: Ace Green Recycling