Latest news with #LiB
Time of India
4 days ago
- Business
- Time of India
Policy intervention can help unlock $3.5-billion li-ion battery recycling, production in India: Report
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Policy interventions can enable unlocking of USD 3.5 billion lithium ion recycling and production ecosystem in the country by 2030, a report by industry body India Cellular and Electronics Association (ICEA) and Accenture said on report estimates that without any policy intervention and measures to facilitate investments, the present lithium battery (LiB) recycling expansion plans have the potential to generate revenue in the range of USD 500-1,000 million between 2025 and report has suggested measures to enhance cell manufacturing capacity, increase domestic recycling capacity through schemes like PLI, facilitate the trade of LiB scrap and black mass and improve reverse logistics and collection of domestic scrap."The proposed interventions will improve the domestic LiB ecosystem and unlock a total economic value of USD 3.5 billion, create 27,000 to 41,000 jobs, reduce emissions by 28 to 75 kT CO2e (kilotonnes of carbon dioxide equivalent), and enable water savings of approximately 5,700 million gallons by 2030," the report 39 per cent of consumer electronics batteries that have reached their end of life (EoL) do not get collected, it said."Among the batteries that do enter collection streams, the majority (around 80 per cent) as of today are handled by unregulated informal channels. As a result, 45 per cent of collected batteries fail to reach formal mechanical recyclers. Additionally, around 2-8 per cent of the EoL batteries reaching formal recyclers, fail quality checks due to improper handling by informal collectors," the report Chairman Pankaj Mohindroo said sustainability is "one of the most promising economic opportunities of our time"."Battery recycling sits at the intersection of India's environmental priorities and its strategic autonomy in critical minerals. With the right policy support and entrepreneurial drive, India can unlock a USD 3.5 billion circular battery economy, reduce import dependencies, and establish itself as a global powerhouse in clean technologies," he also announced the launch of Centre of Sustainability for Pure Chatterjee -- global recycling expert and senior advisor at SERI, a non-profit body -- said iPhone uses about 69 elements and companies in India don't have the necessary technology to recycle several critical elements that can be used in the high-end demanded that India impose restrictions on the export of black mass -- the state of battery after end of its life cycle. China has banned the export of black mass, he to the report, due to limited domestic hydrometallurgical recycling capacity, India has no restrictions on black mass Pollution Control Board (CPCB) Scientist-F & Division Head, WM-I, V P Yadav, said India lacks the technology to extract elements from batteries that can be put to use in the industry."Unless recycled material becomes cheaper than raw materials, no one will use it. Manufacturers will make product using cheaper materials," he said he received feedback from a lithium ion battery maker that the quality of recycled material in the country is not of the quality that can be used for manufacturing products.
Time of India
4 days ago
- Business
- Time of India
Policy intervention can help unlock $3.5-bn li-ion battery recycling, production in India: Report
Policy interventions can enable unlocking of USD 3.5 billion lithium ion recycling and production ecosystem in the country by 2030, a report by industry body India Cellular and Electronics Association (ICEA) and Accenture said on Wednesday. The report estimates that without any policy intervention and measures to facilitate investments, the present lithium battery (LiB) recycling expansion plans have the potential to generate revenue in the range of USD 500-1,000 million between 2025 and 2030. The report has suggested measures to enhance cell manufacturing capacity, increase domestic recycling capacity through schemes like PLI, facilitate the trade of LiB scrap and black mass and improve reverse logistics and collection of domestic scrap. "The proposed interventions will improve the domestic LiB ecosystem and unlock a total economic value of USD 3.5 billion, create 27,000 to 41,000 jobs, reduce emissions by 28 to 75 kT CO2e (kilotonnes of carbon dioxide equivalent), and enable water savings of approximately 5,700 million gallons by 2030," the report said. Nearly 39 per cent of consumer electronics batteries that have reached their end of life (EoL) do not get collected, it said. "Among the batteries that do enter collection streams, the majority (around 80 per cent) as of today are handled by unregulated informal channels. As a result, 45 per cent of collected batteries fail to reach formal mechanical recyclers. Additionally, around 2-8 per cent of the EoL batteries reaching formal recyclers, fail quality checks due to improper handling by informal collectors," the report said. ICEA Chairman Pankaj Mohindroo said sustainability is "one of the most promising economic opportunities of our time". "Battery recycling sits at the intersection of India's environmental priorities and its strategic autonomy in critical minerals. With the right policy support and entrepreneurial drive, India can unlock a USD 3.5 billion circular battery economy, reduce import dependencies, and establish itself as a global powerhouse in clean technologies," he said. Mohindroo also announced the launch of Centre of Sustainability for Pure Earth. Sandip Chatterjee -- global recycling expert and senior advisor at SERI, a non-profit body -- said iPhone uses about 69 elements and companies in India don't have the necessary technology to recycle several critical elements that can be used in the high-end phone. He demanded that India impose restrictions on the export of black mass -- the state of battery after end of its life cycle. China has banned the export of black mass, he said. According to the report, due to limited domestic hydrometallurgical recycling capacity, India has no restrictions on black mass export. Central Pollution Control Board (CPCB) Scientist-F & Division Head, WM-I, V P Yadav, said India lacks the technology to extract elements from batteries that can be put to use in the industry. "Unless recycled material becomes cheaper than raw materials, no one will use it. Manufacturers will make product using cheaper materials," he said. Yadav said he received feedback from a lithium ion battery maker that the quality of recycled material in the country is not of the quality that can be used for manufacturing products.
Time of India
4 days ago
- Automotive
- Time of India
India's Lithium-ion battery demand to rise to 115 GWh by 2030; graphite recycling a major hurdle: Study
NEW DELHI: India's Lithium-ion battery (LiB) demand is expected to reach 115 gigawatt-hour (GWh) by 2030, led by electric vehicles (EVs), stationary storage (SS), and consumer electronics, according to the findings of a study conducted by Accenture, commissioned by the India Cellular & Electronics Association (ICEA). The study, released on Wednesday, projected that the LiB demand in the EV sector will rise at a compound annual growth rate (CAGR) of 48 per cent, followed by stationary storage (14 per cent) and consumer electronics (3 per cent), between 2025 and 2030. India's rising demand for LiBs is expected to be supplemented by domestic cell manufacturing, driven by the ambitious plans of cell manufacturers. The domestic cell manufacturing is expected to reach approximately 220 GWh by 2030, supported by the production-linked incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage, according to the study. Manufacturers such as Rajesh Exports, Ola Electric Mobility, and Reliance New Energy Solar have already received PLI incentives for establishing a cumulative capacity of 40 GWh. This capacity would require an estimated $5-11 billion worth of key battery-active materials, including lithium, cobalt, nickel, and manganese, which are predominantly imported due to a lack of domestic reserves. Consequently, recycling of LiBs could present a reliable domestic source of supply, the study said. But the domestic supply is largely dependent on recycling, where India lags. The Bureau of Waste Management Rules (BWMR) has estimated that demand for domestic recycling and recycled material may reach 200-250 kilotons (kT) by 2030. By contrast, the study found that the recycled battery active material supply from existing and lab-stage operations is a mere 1-3 kT, falling far short of the anticipated need of 3-15 kT between 2027 and 2030. The key hurdle is the recycling of graphite, a primary active material in cell anodes. Globally, too, graphite recycling presently yields lower-purity outputs, making them unsuitable for battery applications, effectively leading to a zero-supply assumption for recycled graphite from LiBs. 'As a result, producers would have to rely on non-critical materials in batteries, such as aluminum and plastics used in the module and peripheral components of battery systems for recycled materials,' the study said, adding that these materials contribute 24–25 per cent of the weight of EVs and stationary storage batteries. 'Even if gradually 50 per cent of peripheral materials are manufactured using recycled plastic and aluminum by 2030, which is challenging in itself, the recycled content targets starting from 2027 are unlikely to be achieved due to progressively increasing targets,' according to the study, which cautioned that this does not augur well with India's desired transition towards circularity in critical battery materials. Simultaneously, the LiB recycling ecosystem can potentially create more than 25,000 direct and indirect jobs between 2025 and 2030.
