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As the world scrambles to replace fossil fuels with clean energy, the environmental impact of finding all the lithium required could become a major issue in its own right. Demand for lithium is increasing exponentially, and it doubled in price between 2016 and 2018. The market for lithium-ion batteries is projected by the industry to grow from US$30 billion in 2017 to $100 billion in 2025.
Lithium-ion rechargeable batteries are the most widely used battery type today. It powers laptops, smartphones, electric vehicles, homes and robots .They are also needed to help power the world’s electric grids, because renewable sources, such as solar and wind energy, still cannot provide energy 24 hours a day.
There are around 2.7 million industrial robots in use across the globe, and roughly 400,000 new robots enter the market every year.
By 2030, an estimated 11 million metric tons of lithium-ion batteries will be dumped into landfills, of which only 5%-6% will be recycled.
The battery of a Tesla Model S has about 12 kilograms of lithium in it.
World would see almost 18.2 billion mobile devices by 2025.
B.Tech in Chemical & polymer engineering domain and has application oriented research and product development experience of more than 4 years. He plays a central role in product development, client collaboration and plan the mid-long term development plans. Previous Experience– BARC Mumbai, Log 9 Materials and Nanomatrix Materials.
M. Tech in nanotechnology and has more than 6 years of industrial research expe- rience in Graphene nanotechnology. With many important developments occurring in areas where disciplines overlap, he had many opportunities to work with different people, explore new fields, and broaden his expertise.Previous Experience- NCL Pune, Log 9 Materials.
Minimines is a Clean Technology Company that uses proprietary environment friendly processes to extract and recycle precious commodities from lithium-ion batteries, other industries and their by-products. Our proprietary HYBRID-HYDROMETALLURGY ™ at the core of our process.
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