- N.A.N. GreenMet and Silox Group formed a joint venture for lithium-ion battery recycling in Andhra Pradesh.
- The facility will recover critical battery materials and support India's circular economy ambitions.
India's battery recycling ecosystem is set to expand following the formation of the NAN Silox GreenMet Joint Venture between N.A.N. GreenMet and Silox Group. Announced on June 18, the partnership has established NAN Silox GreenMet Pvt. Ltd. as a 50:50 joint venture to develop a lithium-ion battery recycling and critical minerals recovery facility in Andhra Pradesh. The project aims to strengthen domestic capabilities in battery material recovery and support the growing demand for sustainable raw materials across electric mobility and energy storage sectors.
The facility will be developed in two phases and is designed to achieve a total shredding capacity of 40,000 tonnes per annum along with hydrometallurgical processing capacity of 20,000 tonnes per annum. Through advanced recycling operations, the plant will recover valuable materials from end-of-life lithium-ion batteries and reintroduce them into the battery manufacturing value chain.
Key outputs from the project will include battery-grade metal salts and advanced battery materials required by electric vehicle cell manufacturers and battery energy storage system providers. The recovered products are expected to support domestic supply chains and reduce dependence on imported critical minerals.
Planned Outputs from the Battery Recycling Facility
| Output Category | Application |
|---|---|
| Lithium Metal Salts | Battery Manufacturing |
| Cobalt Metal Salts | Cathode Production |
| Nickel Metal Salts | Advanced Battery Cells |
| Manganese Metal Salts | Battery Chemistry Applications |
| Precursor Cathode Active Materials | Cell Manufacturing |
| Cathode Active Materials | EV and Energy Storage Batteries |
Silox Specialties India, the Indian arm of Silox Group, has already pilot-validated its proprietary hydrometallurgical process for battery-grade metal recovery within India. This validation provides a technical foundation for scaling operations at the upcoming facility. The project has also secured land and incentives in Andhra Pradesh, helping accelerate implementation and commercialization plans.
The joint venture has been recognized as a designated beneficiary under the Government of India's INR 15 billion critical minerals recycling scheme. This support is expected to strengthen project economics while promoting resource circularity and domestic recovery of strategic battery materials. The initiative aligns with broader efforts to establish a resilient supply chain for critical minerals required by the rapidly expanding electric vehicle industry.
Beyond recycling activities, the venture will evaluate second-life battery applications for stationary energy storage. By extending the useful life of battery systems before material recovery, the project aims to maximize resource utilization and contribute to sustainable energy storage solutions across multiple sectors.
Frequently Asked Questions
What is the objective of the NAN Silox GreenMet Joint Venture?
The NAN Silox GreenMet Joint Venture aims to establish a large-scale lithium-ion battery recycling and critical minerals recovery facility in Andhra Pradesh. The project will process end-of-life batteries and recover valuable materials such as lithium, cobalt, nickel, and manganese for reuse in battery manufacturing. Through advanced hydrometallurgical technology and phased capacity expansion, the venture seeks to strengthen domestic supply chains, support electric mobility growth, and promote a circular economy for battery materials in India.
What products will be produced by the new recycling facility?
The facility will generate battery-grade metal salts and advanced cathode materials required for battery production. Its outputs will include lithium, cobalt, nickel, and manganese salts, along with precursor cathode active materials and cathode active materials. These products are intended for electric vehicle cell manufacturers and battery energy storage system providers. By recovering and refining critical minerals locally, the project will help reduce dependence on imported resources while supporting the growing demand for battery materials across the clean mobility sector.
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