Manikaran signs MoU to set up India’s first lithium refinery in Gujarat
The proposed lithium refinery, set up at a cost of INR 2,200 crore (US$296 million), will produce lithium hydroxide—a key component used in the production of cathode materials for lithium-ion batteries.
India’s 2030 electric vehicle ambition could create INR 85,900-crore battery opportunity
A new report says that the nation would require an estimated annual battery capacity of 158 GWh to realize its 2030 electric vehicle (EV) adoption target. Meeting this potential demand would require investments exceeding INR 85,900 crore (US$ 12.3 billion) in case battery manufacturing is 100% indigenized.
How long will the lithium supply last?
Researchers have sounded the alarm. If no serious efforts are made on second-life battery use, recycling and vehicle-to-grid applications, decarbonization efforts may hit the buffers a lot sooner than expected.
India and Australia could strike first lithium deal
Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.
