ACT | MiniMines joins the ACT For Environment portfolio

MiniMines in lab

As the Indian EV market booms, there is significant demand for the domestic production of Lithium-ion batteries – as is evidenced by the government of India’s Production Linked Incentive (PLI) Scheme which has a budgetary outlay of INR 18000 Crores for advanced battery chemistries. With industry players like Reliance and Ola Electric poised to set up their own Lithium-ion battery plants by 2025, there is a unique opportunity for recycled rare metals as production input which can reduce India’s dependence on the import of mined metals and prevent the depletion of scarce resources caused by mining. 

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