Foreign media reported that Tata Chemicals, a subsidiary of Tata Group, announced the business of recycling cathode materials from used lithium batteries. The business will be carried out at a factory near Mumbai and has successfully recycled lithium batteries. Tata is expanding its capacity to form a capacity to recycle 500 tons of used lithium batteries.
“The company's lithium-ion battery recycling technology is at the forefront of the industry and can recover valuable metals such as lithium, cobalt, nickel and manganese with a purity of over 99%. Therefore, we will extract less raw materials from the earth. To reduce environmental pollution, save energy and natural resources," Tata Chemical said.
At the same time, Tata Chemicals has committed to invest Rs 400 crore to build a 10 GWh lithium-ion battery plant in the Dholera Special Investment Zone (DSIR) in Gujarat, which will be the first time Tata is involved in lithium-ion battery production.
Jai Prakash Shivahare, Managing Director of Dholera Industrial City Development Co., Ltd. (DICDL), said that the company [Tata Chemical] will build 1.7 GW of capacity in the first phase, with an investment of 750-1000 rupees and then increase with demand. Extend it to 10GW.
It is understood that Tata Chemicals first mentioned the interest in the development of battery production facilities at the end of last year.
In November 2018, Tata Chemicals announced a partnership with the Scientific and Industrial Research Council (CSIR) to invest in lithium-ion batteries. The company also signed a memorandum of understanding with the Indian Space Research Organization (ISRO). According to the MOU, the lithium-ion battery technology developed by the Vikram Sarabhai Space Center will be transferred to Tata Chemical.
According to reports, the company plans to build a $580 million production facility in the Dholera industrial area of Gujarat. Tata Chemicals has acquired 126 acres of land for the production of lithium-ion batteries for the project.
Tata Chemicals’ annual report for fiscal year 2017 stated that “the company intends to operate in lithium-ion batteries, battery active materials and lithium recycling to accommodate the growing electric vehicle revolution in India at an appropriate time”.
The plant is expected to enhance Tata Motors' ambition to build a sustainable EV ecosystem. The Mumbai-based automaker has established a dedicated e-commerce division that also works closely with other group companies such as Tata Power, Tata Consultancy Services (TCS), Tata Motors and Jaguar Land Rover ( JLR).
It is worth noting that in addition to the self-built lithium battery factory, Tata AutoComp, a subsidiary of Tata Group, has signed a cooperation agreement with China's lithium battery manufacturer Guoxuan Hi-Tech, and the two parties intend to establish a lithium battery pack company in India. The joint venture will focus on the design, development, validation and manufacture of battery modules and battery packs, as well as battery management systems for passenger cars and commercial vehicle