Ace Green Recycling to set up a new facility in Mundra, Gujarat

Ace Green Recycling, Inc., a US-based provider of battery recycling technology solutions, has finalized a lease agreement for a site in Mundra, Gujarat, India. The facility will expand the company’s Indian operations, which have been recycling lithium-ion batteries, including lithium iron phosphate (LFP) chemistries, since 2023. The company plans to establish an annual recycling capacity of 10,000 metric tons for LFP batteries per year in India by 2026 to meet increasing recycling demands.

The facility will use Ace’s LithiumFirst™ technology, a fully electrified hydrometallurgical process operating at room temperature with no direct carbon emissions or liquid and solid waste. As per the company, the technology achieves a commercial lithium recovery rate of about 75%, producing lithium carbonate with purities exceeding 99%, which can be reintroduced into the battery materials supply chain. Alongside LFP battery recycling, Ace will implement its GreenLead® recovery technology to recycle lead batteries, using an electric process that eliminates direct carbon emissions.

Mundra’s location near major ports facilitates the transportation of battery feedstock and recycled products. Ace aims to deploy its LithiumFirst™ technology in India in phases, in parallel with plans for deployment in Texas.

“LFP is expected to dominate the lithium battery market by 2030, and Ace is strategically scaling our LFP battery recycling capacity to meet demand and support our growing customer base,” said Nishchay Chadha, CEO of Ace. “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. We believe that our successful operational demonstration positions us for future partnerships and collaborations that will unlock the full potential of our LithiumFirst™ technology in this market,” said Vipin Tyagi, Chief Technology Officer of Ace.

As per the company statement, this Mundra facility is expected to generate 50 jobs, increasing Ace’s workforce in India to over 100 employees.

Also read: A global challenge: How different countries are tackling the battery recycling crisis