NAN-Silox Battery Recycling JV: Andhra Pradesh Facility To Recover Lithium, Cobalt, Nickel And Manganese

NAN Silox battery recycling JV, formed by NAN GreenMet and Belgium-headquartered Silox, is set to focus on lithium-ion battery recycling and critical mineral recovery in Andhra Pradesh. The 50:50 joint venture, NAN Silox GreenMet, is important because India’s EV growth will increasingly depend not only on new battery production, but also on recovering useful materials from end-of-life batteries.

What you need to know

• JV structure: NAN GreenMet and Silox have formed a 50:50 joint venture.

• Location: The facility is planned in Andhra Pradesh.

• Capacity target: Up to 40,000 mtpa spent battery shredding and 20,000 TPA hydromet processing are targeted eventually.

• Recovered minerals: The project aims to recover lithium, cobalt, nickel, and manganese.

Why battery recycling matters for India’s EV supply chain

India’s EV market needs a more resilient battery ecosystem. Recycling can reduce waste, recover strategic materials, and lower dependence on imported raw materials over time. A domestic recycling and recovery facility also supports a circular battery economy, where spent batteries can become feedstock for future battery materials instead of only a disposal challenge.

The project is also relevant because critical minerals such as lithium, cobalt, nickel, and manganese are central to battery manufacturing. Recovering them locally can help India build supply-chain depth as EV and energy-storage demand grows.

Planned capacity and process

What else the JV may explore

Beyond battery shredding and hydrometallurgical recovery, the joint venture may explore downstream value creation such as cathode active materials and second-life stationary energy storage applications. These areas could add more value locally, but phase-wise execution details are still awaited.

What is still not confirmed

• Final commissioning timeline for the Andhra Pradesh facility.

• Total investment value and phase-wise spending.

• Customer or offtake agreements.

• Detailed construction schedule and operational start date.

FAQs

What is the NAN Silox battery recycling JV?

It is a 50:50 joint venture between NAN GreenMet and Silox to develop lithium-ion battery recycling and critical mineral recovery capability in Andhra Pradesh.

What capacity is planned?

The project is reported to target up to 40,000 mtpa spent battery shredding and 20,000 tonnes per annum hydrometallurgical processing eventually.

Which minerals will the facility recover?

The facility aims to recover lithium, cobalt, nickel, and manganese from spent batteries.

The NAN Silox battery recycling JV is a supply-chain story rather than a consumer launch, but it could become important for India’s EV ecosystem if the planned capacity and recovery operations are executed as reported.