January 13, 2025: Ace Green Recycling said on January 8 it had finalized a lease agreement to build what will be India’s biggest LFP battery recycling plant.

The company plans to establish 10,000 tonnes of LFP battery recycling capacity annually in India by 2026.

Ace’s new facility, in Mundra, will follow on from the company’s existing commercial lithium and LFP battery recycling dating back to 2023, the company said.

The firm’s deployment of its so-called LithiumFirst LFP recycling tech will be phased in, along with the planned use of the technology in Texas — for which plans were originally announced in 2022.

Ace claims the proprietary technology is based on room temperature operations in a fully electrified hydrometallurgical process producing no Scope 1 carbon emissions, and with zero liquid and solid waste.

The firm claims the process recovers lithium at levels of around 75%, producing lithium carbonate of purities exceeding 99%, which is fed back into the battery materials value chain.

Mundra is close to major ports handling over 10% of India’s maritime cargo, which will significantly streamline the transportation of battery recycling feedstock and off-take products, Ace said.

CEO Nishchay Chadha said: “LFP is expected to dominate the lithium battery market by 2030.

“We believe that Ace is unique in its ability to sustainably recycle LFP batteries, and we plan to continue our focus on this market to build on our first-mover advantage. Our team recently visited battery recycling facilities in China, and we believe our LFP battery recycling technology to be more advanced despite a more mature and larger scale lithium-ion recycling ecosystem there.”

In January 2024, Batteries International reported that Taiwanese lead refiner ACME Metal Enterprise had installed its first modular lead battery recycling equipment supplied by Ace.