Shyam Metalics and Energy Ltd, an integrated metal producer headquartered in Kolkata, has announced its entry into the energy storage sector with battery-grade aluminum foil, a critical component in Lithium-ion cells.
Shyam Metalics is a major producer and exporter of aluminum foil for various industrial applications with an annual production capacity of 20,000 tons. Its battery-grade aluminum foil will allow India to corner a share for raw materials in the global Lithium-ion cell market, which is expected to reach 6500 GWh/year capacity by 2030.
To produce 1 GWh of lithium iron phosphate (LFP) cells, which powers a wide variety of electric vehicles and energy storage systems, 350 tons of high purity and uniform-thickness aluminum foil is required that acts as a positive (cathode) current collector. The demand doubles for sodium-ion batteries where both positive and negative current collectors is expected to be using aluminum foils.
The customized battery aluminum foil from Shyam Metalics with thickness ranging from 12-micron to 20- micron has been tested and validated by third-party laboratories.
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