New Delhi:Green recycling technology company ACE Green Recycling (ACE) recently announced plans to build and operate four new lithium-ion battery recycling facilities with a planned total annual capacity of more than 30,000 tons. The four sites will tap into previously underserved recycling markets and provide regional markets with an emissions-free and carbon-neutral recycling solution to support the global adoption of lithium-ion batteries.
According to the company, it is currently planning facilities in Thailand, India and the United States, with planned capacities of 10,000 tons between India and Thailand and 20,000 tons in the United States. Operations in India are expected to start in the third quarter of 2022 with an initial processing capacity of 1,800 tons per year, while Thailand and the United States would come online in 2023 with full operational capacity expected to be achieved at all facilities. by 2025, he added.
“With the establishment of these four new facilities, we would strategically leverage our global supply chain experience to cater not only to North American markets, but also to Asia, where we have very strong experience. on the ground and existing relationships,” said Nishchay Chadha. , co-founder and CEO of ACE, ACE.
When fully operational, ACE expects to provide up to 100 direct and indirect jobs to the local economy, the company said.
The company will deploy its proprietary hydrometallurgical recycling process that combines a low-temperature, completely emission-free process with industry-leading recovery rates in excess of 98%. ACE can also successfully recover precious metals such as copper and aluminum, while producing no waste or toxic solid effluent. In addition to copper and aluminum, recovered materials also include a variety of sulphates and carbonates of cobalt, manganese and nickel, all of which leave ACE’s facilities “ready to use” for use in the next generation of lithium-ion batteries.
“By providing a zero-emissions lithium-ion battery recycling solution, ACE solves all of these problems and provides the necessary localization and reliability of the supply chain for valuable battery materials. The global scale of our technology will provide vital support for the sustainable electrification of mobility and manufacturing,” said Dr. Vipin Tyagi, Co-Founder and Chief Technology Officer, ACE.
ACE is already a leading pioneer in the hydrometallurgical recycling of lead-acid batteries, having already deployed its technology at commercial scale with major recyclers and industry players with many new installations set to come online. in Asia, Europe and the Middle East shortly. 2023.
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