ACE Green Recycling to Establish Four New Recycling Facilities

ACE Green Recycling announced its plans to establish and function four new lithium-ion battery recycling facilities with a calculated total annual capacity of over 30,000 tons.

May 17, 2022. By News Bureau

ACE Green Recycling announced its plans to establish and function four new lithium-ion battery recycling facilities with a calculated total annual capacity of over 30,000 tons.

The four locations will focus on previously underserved recycling markets and supply regional markets with an emissions-free, carbon-neutral recycling solution to support the global adoption of lithium-ion batteries.

The company is currently planning for facilities in Asia and the USA, with planned capacities of 10,000 tons between India and Thailand and 20,000 tons in the USA. Indian operations are expected to start by the third quarter of 2022 with an initial processing capacity of 1800 tons per year, while Thailand and USA would come online in 2023 with full operational capacity planned to be achieved across all facilities by 2025.

ACE recently announced its flagship combined lead-acid and lithium-ion battery recycling park in Texas, USA. With the announcement of plans to simultaneously set up facilities in Asia, ACE is working towards being a global player in Li-ion battery recycling. The company will be deploying its proprietary hydrometallurgical recycling process that combines a completely emissions-free, low-temperature process with market-leading recovery rates in excess of 98%.

The company is already discussing with potential partners for various battery waste supply and product off-take arrangements to guarantee a steady inflow of recyclable batteries and a ready customer for its market-grade battery materials.

ACE will deploy its capital and collaborate with several strategic and financial investors to set up the envisioned facilities.

"With the set-up of these four new facilities we would strategically leverage our global supply chain experience to not only cater to the North American markets but also Asia where we have a very strong on the ground experience and existing relationships," said Nishchay Chadha, ACE's Co-Founder and Chief Executive Officer.

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