Latest news with #BatX
Time of India
18-07-2025
- Business
- Time of India
Rare earth minerals drive: BatX and Rocklink to build India's first magnet recycling hub, EU-India tech push backs venture
Battery recycling firm BatX Energies on Friday announced a strategic partnership with Germany's Rocklink GmbH to establish India's first fully integrated rare earth magnet recycling and refining ecosystem, marking a key development under the EU-India Trade and Technology Council initiative. The companies said in a joint statement that the partnership will focus on building a sustainable critical mineral value chain between Europe and India, starting with the commissioning of a rare earth refining facility compliant with zero-liquid-discharge (ZLD) norms and global export standards, PTI reported. The alliance will co-develop and commercialise advanced solvent extraction (SX) technologies for separating and purifying high-value rare earth elements. They also plan to jointly file patents for these technologies in India and Europe, creating a shared intellectual property base. 'This partnership marks a defining moment in India's journey toward rare earth self-reliance,' said Utkarsh Singh, CEO of BatX Energies. Leonard Ansorge, Director at Rocklink GmbH, added: 'Our alliance with BatX brings together our materials and refining expertise with BatX's innovative and practical approaches on refining to deliver tangible results in short development cycles.' The project is expected to boost India's domestic rare earth supply capabilities while supporting Europe's access to circular and sustainable sources of critical raw materials. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
18-07-2025
- Business
- Time of India
BatX Energies, Germany's Rocklink tie up to build rare earth magnet recycling ecosystem
BatX Energies has signed a Memorandum of Understanding (MoU) with German firm Rocklink GmbH to establish India's first integrated ecosystem for rare earth magnet recycling and refining. The initiative aims to combine BatX's operational presence with Rocklink 's technical expertise in critical materials recovery. The partnership is part of broader collaboration under the EU–India Trade and Technology Council (TTC), which promotes cooperation in sustainable technology , critical minerals and industrial resilience. Both companies have already initiated India's first lithium-ion battery and permanent magnet recycling cluster in Sikandrabad, Uttar Pradesh. End-of-Life Magnet Recovery and Domestic Refining The joint effort will introduce Rocklink's proprietary Magcycle reverse logistics system to India, enabling the traceable collection of end-of-life permanent magnets—including NdFeB, SmCo, and AlNiCo—from motors, electronics, and industrial waste streams. The project will culminate in the commissioning of India's first rare earth magnet refining facility, built to zero-liquid-discharge (ZLD) and export-compliance standards. Both companies plan to jointly file patents for the developed technologies in India and the European Union. 'This partnership marks a defining moment in India's journey toward rare earth self-reliance. We're proud to lead this initiative alongside Rocklink and to carry forward the vision outlined in the EU TTC for building circular and transparent critical mineral value chains between India and Europe," said Utkarsh Singh, CEO, BatX Energies. The pilot facility is scheduled to begin operations within 12 months, with a commercial-scale plant expected within the next 24 months. 'Rocklink is committed to establishing vertically integrated long-loop recycling solutions to support government efforts to establish a functional rare earth magnet supply chain in India. Our alliance with BatX brings together our materials and refining expertise with BatX's innovative and practical approaches to deliver tangible results in short development cycles," said Leonard Ansorge, Director, Rocklink GmbH.
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Business Standard
11-07-2025
- Automotive
- Business Standard
VinFast partners with BatX Energies for electric vehicle battery recycling
Vietnamese electric vehicle (EV) maker VinFast on Friday said it had signed a strategic agreement with India's BatX Energies to recycle, recover and repurpose high-voltage EV batteries. The deal marks a major step towards building a localised and sustainable battery value chain for VinFast's India operations, including its upcoming Thoothukudi factory and after-sales services. Under the agreement, BatX Energies will handle the recovery of critical materials like lithium, cobalt, and nickel from end-of-life batteries, ensuring they are reintegrated into the battery production cycle. The move is aimed at reducing the environmental impact of battery production and lowering dependence on raw material mining. The two companies said the partnership aligns with India's evolving EV ecosystem and strengthens both nations' focus on circular economy solutions. The collaboration also opens doors to explore second-life battery applications, urban mining, and traceability of raw materials. 'This partnership with BatX Energies is a meaningful step toward building a sustainable, circular battery ecosystem in working with BatX, we aim to reduce resource dependency, support national priorities, and set a new benchmark for responsible innovation in electric mobility,' said Pham Sanh Chau, CEO of VinFast Asia. Utkarsh Singh, CEO of BatX Energies, said: 'By enabling sustainable end-of-life solutions for EV batteries, we are building infrastructure that can grow with the industry and create lasting environmental impact.' The announcement comes as VinFast accelerates its India plans. It is preparing to launch two electric SUVs—VF 6 and VF 7—while rapidly scaling up operations at its Tamil Nadu plant. It has also inked partnerships with Global Assure for roadside assistance, and myTVS and RoadGrid for service and charging infrastructure.
Fashion Value Chain
11-07-2025
- Automotive
- Fashion Value Chain
Vinfast India and BatX Energies Signs Landmark Agreement for High Voltage Battery Recycling and Repurposing
VinFast Auto India, the subsidiary of global electric vehicle manufacturer VinFast, has entered into a strategic agreement with BatX Energies, a leading Indian clean-tech company specializing in battery recycling, rare metal recovery and end-of-life battery repurposing. This partnership lays the foundation for an integrated battery value chain in India, supporting the company's commitment to sustainable electric mobility. Mr. Pham Sanh Chau, CEO of VinFast Asia (left), and Mr. Utkarsh Singh, CEO of BatX Energies (Right), signed landmark agreement for high voltage battery recycling and repurposing Under the agreement, BatX Energies will provide comprehensive high-voltage (HV) battery recycling, material recovery and repurposing services for VinFast India's factory, and after-sales operations. The process will ensure efficient recovery and reintegration of critical materials such as lithium, cobalt, and nickel into the battery production cycle. This approach supports resource circularity, reduces dependence on mining, and significantly lowers environmental impact. The collaboration aims to drive localized solutions in line with Indias fast-evolving EV landscape. Through a joint focus on battery lifecycle management and environmental stewardship, VinFast and BatX also seek to deliver scalable and sustainable solutions that benefit both the people and the planet. More than a technical collaboration, this partnership is a shared commitment to accelerating India's transition to a cleaner, greener tomorrow. The agreement also opens avenues for future collaboration on second-life applications, urban mining, and strategic material recovery, supporting India and Vietnam's growing leadership in circular economy solutions. BatX will also ensure traceability of the raw materials and battery recycling. Speaking on the collaboration, Mr. Pham Sanh Chau, CEO of VinFast Asia, said, 'This partnership with BatX Energies is a meaningful step toward building a sustainable, circular battery ecosystem in India. At VinFast, sustainability goes beyond vehicles-it's about environmental responsibility across the entire lifecycle. By working with BatX, we aim to reduce resource dependency, support national priorities, and set a new benchmark for responsible innovation in electric mobility.' On the agreement signing, Mr. Utkarsh Singh, CEO of BatX Energies, said, 'Our partnership with VinFast reflects a shared belief in responsible innovation and resource circularity to strengthen the EV battery value chain. By enabling sustainable end-of-life solutions for EV batteries, we are building infrastructure that can grow with the industry and create lasting environmental impact.' As part of its larger mission to build a future-ready EV ecosystem in India, VinFast has been steadily expanding its network of strategic partnerships. Recent alliances with Global Assure for roadside assistance, myTVS and RoadGrid for after-sales service and charging support reflect the company's commitment to delivering a reliable ownership experience. VinFast is preparing to launch its first two products in India -VF 6 and VF 7 premium electric SUVs. To support this, the company is rapidly advancing operations at its Thoothukudi plant while investing in dealership networks, service capabilities, and charging infrastructure nationwide. About VinFast VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ('EV') manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at: About BatX Energies BatX Energies is an Indian pioneer in battery recycling and critical mineral refining, offering sustainable solutions for lithium-ion batteries from EVs, consumer electronics, and industrial sources. Its proprietary hydrometallurgical process enables high-yield recovery of battery-grade materials, powering Indias transition to a circular economy.
Time of India
25-06-2025
- Business
- Time of India
Govt-backed project to recover lithium, cobalt, nickel from used batteries
New Delhi: The Technology Development Board (TDB), under the Department of Science and Technology, has extended financial support to Gurugram-based BatX Energies Pvt Ltd to scale up a battery recycling project capable of recovering up to 99 per cent of lithium, cobalt, nickel and manganese from used lithium-ion batteries. The project, titled 'Technologies for generation of battery grade materials and value addition through closed loop,' will focus on the commercialisation of an indigenous hydrometallurgical process to extract battery-grade materials, the Ministry of Science & Technology said in a statement. BatX Energies has developed a proprietary low-temperature, low-pressure recycling process that is agnostic to lithium-ion battery chemistries. The dual-mode (wet and dry) black mass recovery system achieves recovery rates between 97 per cent and 99 per cent, the company said. The end-to-end process, including battery collection, shredding, metal leaching, and downstream purification, is entirely indigenously developed and patented. BatX has filed seven patents, of which two have been granted. 'The shift toward electric mobility and renewable energy must be matched by equally robust recycling infrastructure. Supporting indigenous technologies like that of BatX Energies strengthens our clean energy supply chain, enhances strategic mineral independence, and positions India to lead in sustainable industrial innovation,' said Rajesh Kumar Pathak, Secretary, TDB. According to BatX, the recovered battery-grade compounds—such as lithium carbonate and cobalt sulphate—meet international specifications and are intended for both domestic and export markets. 'TDB's support is a game-changer for us. It validates our commitment to green technology and enables us to scale a truly indigenous solution for battery recycling. We are confident this initiative will not only reduce our critical mineral imports but also set new benchmarks in clean-tech innovation globally,' said Utkarsh Singh, Co-Founder and CEO, BatX Energies. The proposed facility will expand operations beyond the existing pilot unit to full-scale commercial production. The company said its process reduces dependence on imported recycling equipment and helps minimise the import of critical minerals. The project is aligned with national goals under Aatmanirbhar Bharat , circular economy promotion, and reducing reliance on imported raw materials for energy storage systems.
