India is one of the leading countries for Lithium-Ion battery imports worth 3.59 billion dollars in FY 2023 from countries like China, South Korea, Vietnam, and Japan. There are 100+ lithium battery pack manufacturing companies in India supplying batteries to EV, power electrics, and stationary storage markets in India. With the Government’s support under the ACC-PLI scheme 30 GWH Lithium-Ion Cell production has been awarded to 3 companies and another 10 GWh is in tendering stage. We at IESA expect 10+ giga factories with 140 GWh production to be ready by 2030. More than 15 companies are working on developing a Lithium battery supply chain Ecosystem in India including raw materials mining, reefing, chemical processing, and pre-cursor materials manufacturing. In the last 5 years, India identified multiple lithium Reserves in India in states like Karnataka, Chhattisgarh, West Bengal, and Jammu & Kashmir. The inclusion of lithium as a 'critical' mineral in India's Ministry of Mines Committee report of June 2023 highlights its vital role in India's economic development and national security. Having this background, we are pleased to announce the Lithium Ion India- International Summit on Lithium-Ion Batteries on 4th October 2024 at Le Méridien New Delhi, India. Delegate’s registration link for the conference- https://lnkd.in/dri2SWJz (Early bird price is going on till 15th September 2024) #lithiumion #batterytechnology
Tushar Kakade’s Post
More Relevant Posts
-
India's Energy Future appears bright. India is set to open its first lithium mines in Chhattisgarh, marking a significant milestone in our pursuit of self-reliance in critical and strategic minerals. As we know, these minerals are essential for various sectors, including renewable energy, defense, agriculture, pharmaceuticals, high-tech electronics, telecommunications and transportation. Currently, India heavily relies on imports to meet the growing demand for these vital resources. Lithium, in particular, is crucial for the production of lithium-ion batteries, which power electric vehicles—an industry experiencing unprecedented growth. This initiative not only promises to boost our domestic capabilities but also positions India as a key player in the global transition towards sustainable energy. Let's embrace this opportunity to innovate, create jobs, and pave the way for a greener future! #LithiumMines #Chhattisgarh #SustainableEnergy #ElectricVehicles #India #RenewableEnergy #Innovation #SelfReliance https://lnkd.in/gCKaUQWf
To view or add a comment, sign in
-
Two world giants are vying to control this vital resource, US teams up with India to explore critical minerals in third countries New Delhi and Washington are seeking to reduce their dependence on China, which dominates the lithium supply chain. China currently controls nearly 70% of the global lithium supply, and larger shares of cobalt, graphite, and manganese – other minerals vital for green technology. India recently discovered lithium reserves in Jharkhand, Rajasthan, and Jammu and Kashmir, but does not yet produce lithium domestically, relying entirely on imports. Demand for the mineral is soaring in India as it seeks to expand its electric vehicle market, which is projected to grow from $3.21 billion in 2022 to $113.99 billion by 2029. In September, New Delhi unveiled a $1.3 billion PM E-DRIVE scheme to incentivize the adoption of electric cars and two-wheelers. #CriticalMinerals #USIndiaPartnership #LithiumSupply #ElectricVehicles #GreenTechnology #MineralExploration #SustainableEnergy #ChinaDominance #EVMarketGrowth #PMEDRIVE #CleanEnergyTransition #ResourceSecurity #GlobalSupplyChain #BatteryTechnology #CobaltSupply #GraphiteMining #ManganeseResources #IndiaLithiumReserves #TradeAgreements #MineralsSecurityPartnership #AfricaMinerals #SouthAmericaResources #TechForGreenEnergy #ElectricMobility #InvestmentInInnovation #ClimateGoals #FutureOfEnergy
To view or add a comment, sign in
-
-
RARE EARTH METALS 🌎 CHINA accounts for over 67% of global rare earth production, producing 240 kt out of the total 353.7 kt in 2023, with a staggering 9.9% annual growth since 2013. This dominance powers industries like EVs, renewable energy, and electronics—leaving nations vulnerable to supply chain risks. INDIA, despite holding 6% of global reserves, contributes just 2.6 kt annually, far behind peers like Australia (16.8 kt). For India, the stakes are high. As we strive to become a global manufacturing hub, securing the supply chain for rare earths is paramount. With reserves in states like Andhra Pradesh and Odisha, N.E.R, India has untapped potential to emerge as a significant player in this sector. But it’s not just about mining—it’s about creating a self-reliant value chain: * Boosting exploration and production. * Investing in refining and recycling technologies. * Partnering with global allies for tech transfer and resource security. The future of India's industries depends on how effectively we reduce dependence and build resilience. What are your thoughts on India's path to rare earth mineral independence?
To view or add a comment, sign in
-
-
The recent discoveries of lithium reserves in India, particularly in Jammu and Kashmir and Karnataka, have the potential to significantly change the electric vehicle (EV) market in the country. By reducing reliance on imports, lowering production costs, and supporting government initiatives, these domestic lithium sources could strengthen India’s position as a competitive player in the global EV industry. Additionally, promoting local battery manufacturing and the environmental benefits of sourcing lithium domestically may lead to a more sustainable and self-reliant energy future. As further exploration and feasibility studies are conducted, India is on the verge of a transformative shift in its energy and automotive sectors, positioning itself as a leader in the upcoming green revolution. #Mining #Lithium #EV
To view or add a comment, sign in
-
India will no longer need to import refined copper in 2025, thanks to the ramp-up of the Kutch Copper plant, which Adani Enterprises will build in Gujarat in 2024, the Ministry of Mines has said. According to the International Copper Association India, India's apparent copper cathode consumption in the first nine months of 2024 was 644,000 tonnes, of which 202,000 tonnes were imported, two-thirds of which came from Japan. However, the ministry says the Kutch Copper plant, which was commissioned in late March 2024, will reach its full capacity of 500,000 tonnes per annum in February-March next year, and will complete the second phase by 2029, bringing its capacity to 1 million tonnes per annum. In FY2023-24 (April/March), India's apparent copper cathode consumption was estimated at over 750,000 tonnes against imports of 363,000 tonnes. But in the current financial year, demand could add another 10% to touch 850,000 tonnes. However, if all four copper smelters in the country operate normally, their combined production could exceed 800,000 tonnes and reach over 950,000 tonnes in 2025-26. Content Author: https://lnkd.in/eZVy82Q8 Source: https://lnkd.in/ec8Tcd-E #butov #oilgasmarket #oilgasworld #innovation #management #humanresources #technology #digitalmarketing #entrepreneurship #careers #socialmedia #socialnetworking #futurism #startups #branding #advertisingandmarketing #creativity #marketing #sales #motivation #energy #money #sustainability #productivity #gettingthingsdone #leadership #education #strategy #business #europe #mindfulness #inspiration #engineering #africa #india #europeanunion #china #smallbusiness #success #production #oilandgas #collaboration #contentmarketing #research #globaltrade #onlineadvertising #dubai #kenya #abudhabi #socialmediamarketing #manufacturing #climatechange #oilandgas #work #oilgas #science #logistics #hydrocarbons #shipping #growth #uae #marketresearch #oil #oilindustry #oilandgasindustry #agriculture #designer #oilfield #oilindustry #petroleum #trading #gas #chemistry #chemical #petrochemical #agro #refinery #import #export #industrial #agribusiness #quality
To view or add a comment, sign in
-
-
In February 2023, the announcement of a potential 5.9 million metric tons of lithium in Salal, a quaint village known as “Mini Kashmir” in the Reasi district of Jammu & Kashmir, was seen as a monumental opportunity for the nation, positioning India as a potential 5th largest lithium reserve holder globally. 🔗 Read the full story here: https://lnkd.in/gm-jMugj However, efforts to develop the lithium reserve have faced numerous challenges. From questions about the reserve’s quality and quantity to seismic activity🌍 and environmental concerns🌱, securing partners for large-scale lithium extraction has yet to succeed. Additionally, the process of extracting lithium carbonate is highly water-intensive, threatening the fragile ecosystems of regions like "Mini Kashmir. Instead of focusing on lithium mining in one of the most beautiful regions on Earth, “Mini Kashmir,” there’s a sustainable alternative already within reach: Sodium—the 5th most abundant element on Earth! 🌍⚡ At Indi Energy, we’ve harnessed the power of sodium and biowaste to develop our Sodium-ion battery technology, offering a scalable solution that will not just support but accelerate India’s clean energy transition. 🚀 🔹 Abundant & Accessible: Sodium is readily available within India, reducing reliance on imports and sidestepping the environmental toll of mining. 🔹 Environmentally Conscious: Unlike lithium extraction, sodium-ion batteries rely on materials with a lighter environmental footprint, aligning with India’s sustainability goals 🌱. 🔹 Locally Sourced Innovation: Our sodium-ion technology fosters energy independence, advancing sustainable practices while building a cleaner, more resilient future. 🌏 At Indi Energy, we’re leading the charge for a responsible energy revolution, reshaping energy storage with sodium-ion technology, and helping propel India toward a sustainable tomorrow. 🌟 🔗 Learn more about our sodium-ion technology: www.indienergy.in #SustainableEnergy #SodiumIonBatteries #EnergyRevolution #CleanEnergyTransition #SustainabilityGoals #IndiEnergy #GreenInnovation #RenewableFuture #EcoFriendlyTechnology #EnergyIndependence #BiowasteInnovation #ResilientFuture
To view or add a comment, sign in
-
-
The Current Demand for Manganese: A Snapshot Manganese, crucial for steel production and battery manufacturing, is seeing a surge in demand. Valued at $25 billion in 2024, it's projected to reach $32.1 billion by 2028 (CAGR of 4.5%). Key demand drivers include: - Steel Production: 90% of manganese consumption. - Battery Manufacturing: Critical for EV batteries, demand to increase ninefold by 2030. Geographic Insights - Asia-Pacific: Led by China, major hubs like Shanghai. - North America: Significant growth in the US, especially Detroit and Silicon Valley. - Europe: Germany and the UK leading with strong automotive sectors. - India: Growing demand due to rapid industrialization and urbanization, with significant consumption in cities like Mumbai and Bangalore. Leading Producers - China: Major mining in Guangxi and Hunan. - South Africa: Northern Cape region. - Australia: Groote Eylandt and Pilbara regions. - India: Key mining areas in Madhya Pradesh and Maharashtra, with increasing production to meet domestic demand. Market Segments - Ferromanganese/Silicomanganese: 70% for steelmaking. - Electrolytic Manganese Metal (EMM): 20% for aluminum alloys and batteries. - Battery-Grade Manganese: Fastest growing segment. Future Outlook The future of manganese is tied to tech advancements and sustainability. High-purity manganese sulfate is becoming crucial for EV batteries. Geopolitical factors are boosting investments in mining and processing. In conclusion, manganese demand is robust and growing, driven by its essential role in steel and battery industries. As the world industrializes and shifts to green energy, manganese's importance will only increase. #Manganese #SteelProduction #BatteryManufacturing #ElectricVehicles #GreenEnergy #IndustrialGrowth #MiningIndustry #Innovation #Sustainability #GlobalMarkets
To view or add a comment, sign in
-
Big update 🎉 India is preparing to open its first lithium mines in the Katghora region. Let’s dive into the details⬇ Recently, the 𝐌𝐢𝐧𝐢𝐬𝐭𝐫𝐲 𝐨𝐟 𝐌𝐢𝐧𝐞𝐬 announced that India is gearing up to open its first lithium mines in Katghora, Chhattisgarh, following significant discoveries by the 𝐆𝐞𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐒𝐮𝐫𝐯𝐞𝐲 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚 (𝐆𝐒𝐈). 𝐀𝐧𝐝 𝐭𝐡𝐢𝐬 𝐢𝐬 𝐡𝐮𝐠𝐞! But why? Lithium is essential for making lithium-ion batteries, a critical component in the rapidly growing electric vehicle market. This marks a major step toward securing vital minerals for industries such as renewable energy and electric vehicles. The Ministry of Mines has issued tenders to allocate 20 critical mineral blocks across various states, including one for lithium and 𝐑𝐚𝐫𝐞 𝐄𝐚𝐫𝐭𝐡 𝐄𝐥𝐞𝐦𝐞𝐧𝐭𝐬 (𝐑𝐄𝐄) in Katghora. In fact, in 2023-24, Chhattisgarh’s mineral revenue surged to ₹13,000 crore, nearly 30 times higher than at the state’s formation. Additionally, to boost domestic production, the Indian government is planning financial incentives worth up to $50 million. These incentives will support research and provide technical assistance to miners. Here’s what our state’s Health Minister shared about the development: 👉 He stated that lithium is a crucial metal that will lead both the state and the country toward new dimensions of development. 👉 With the commencement of lithium mining, Chhattisgarh is poised to become one of the leading contributors to the vision of a developed India by 2047. ------------------------ At Bathwal Corporation, with our 39 years of experience, we see this move as a way to reduce India’s reliance on imports while positioning the country as a key player in the global minerals market. This initiative aims to increase domestic lithium production, stimulate economic growth, and support India’s renewable energy and technology sectors. Since 2023, Bathwal Corporation has also been exporting iron ore to China, and we hope to contribute to increasing exports while reducing import dependence. What are your thoughts on this recent announcement? #mining #india #development #gsi
To view or add a comment, sign in
-
-
🔋 India to Open Its First Lithium Mines in Chhattisgarh! 🇮🇳🌍 Exciting news for India's energy and tech sectors! Following the confirmation by the Geological Survey of India (GSI), India is set to launch its first lithium mines in Chhattisgarh. This strategic move represents a milestone in India's quest for mineral independence and will significantly contribute to our green energy initiatives. 🔹 Why This is Game-Changing: 1.Key to Clean Energy - Lithium is essential for batteries used in electric vehicles and renewable energy storage, aligning with India’s commitment to reducing carbon emissions. 2.Tech Advancement - The availability of domestic lithium will support India’s electronics and tech sectors, reducing dependency on imports and strengthening the supply chain. 3.Economic Boost - Mining operations will create jobs, stimulate local economies, and position India as a potential key player in the global lithium market. With this breakthrough, India steps closer to energy independence and a more sustainable future. 🌱 Let's power up for progress! #IndiaLithium #GreenEnergy #SustainableFuture #MiningIndia #RenewableEnergy
To view or add a comment, sign in