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 site is strategically located near major ports handling over 10% of India’s maritime cargo.
The facility will build on Ace’s existing operations, which have been recycling lithium-ion batteries since 2023, including lithium iron phosphate (LFP) chemistries. Ace plans to establish 10,000 metric tons per year of LFP battery recycling capacity in India by 2026. The company, which is incorporated in Delaware, also has plans to deploy its recycling technology in Texas.
Ace says its LithiumFirst technology enables it to recycle LFP batteries at room temperature in a fully electrified 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 around 75%—the end product is lithium carbonate at purities exceeding 99%, which is fed back into the battery material supply chain.
“LFP is expected to dominate the lithium battery market by 2030, and Ace is strategically scaling our LFP battery recycling capacity to meet demand,” said Ace CEO Nishchay Chadha. “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.”
“Ace’s innovative technology enables profitable recycling of LFP batteries, even with the current low lithium price, by recovering significant amounts of these critical minerals,” added Chief Technology Officer Vipin Tyagi.
Source: Ace Green Recycling
