Ace Green Recycling (Ace), a prominent name in sustainable battery recycling technology, has announced the finalization of a lease agreement to build India’s largest battery recycling facility in Mundra, Gujarat. The state-of-the-art facility will focus on lithium iron phosphate (LFP) batteries, capitalizing on the growing demand for LFP battery recycling in the country.

This new development builds on Ace’s existing commercial operations in India, where the company has been actively recycling lithium-ion batteries, including LFP chemistries, since 2023. By 2026, Ace plans to establish a substantial recycling capacity of 10,000 metric tons of LFP batteries annually, making it a key player in the market. The company aims to deploy its LithiumFirst technology, which has already been successfully implemented in Texas, to India’s growing battery recycling industry.

Strategically located in Mundra, a major port city handling a significant portion of India’s maritime cargo, the facility will benefit from the logistical advantages of easy transportation of feedstock and finished products. The location positions Ace to meet the increasing demand for sustainable battery recycling in India, providing an efficient solution for the growing market of electric vehicle (EV) batteries.

The new facility will leverage Ace’s innovative, modular LithiumFirst technology, which uses a fully electrified hydrometallurgical process to recycle LFP batteries at room temperature. This eco-friendly process produces zero Scope 1 carbon emissions and generates no liquid or solid waste, marking a significant advancement over traditional recycling methods. The proprietary technology also ensures high lithium recovery rates from LFP batteries, providing a critical supply of lithium carbonate with purities exceeding 99%, which is reintegrated into the battery materials supply chain.

In addition to LFP battery recycling, Ace will employ its GreenLead recovery technology to recycle lead batteries at the Mundra facility. This technology, known for its environmentally-friendly approach, produces zero Scope 1 carbon emissions, presenting a cleaner alternative to traditional smelting operations.

Nishchay Chadha, CEO of Ace, emphasized the importance of the facility as LFP batteries are expected to dominate the lithium battery market by 2030. He noted that Ace’s technology enables profitable recycling even in the current low lithium price environment, positioning the company for continued success in the global market. The project is also expected to create up to 50 high-value jobs, contributing to the local economy and further cementing Ace’s role as a leader in the Indian battery recycling sector.

Ace’s ambitious plans to scale its LFP battery recycling capacity reflect its commitment to meeting growing demand and reinforcing its first-mover advantage in a fast-evolving industry. With continued advancements in its proprietary technologies, Ace is well-positioned to lead the charge in sustainable battery recycling in India and beyond.