New IIT Bombay Partnership to Boost Critical Mineral Extraction

Indian Institute of Technology Bombay on Wednesday announced that it has entered into a technology licensing agreement with Evergreen Lithium Recycling to advance the extraction of critical minerals from battery reprocessing operations.

According to an official statement issued by IIT Bombay, the agreement was signed on May 5 and is aimed at improving the extraction of battery precursor-related critical minerals while enhancing operational efficiency in battery recycling systems.

The collaboration is expected to contribute significantly to the development of scalable and technology-driven solutions in India’s emerging circular economy. With the increasing adoption of electric vehicles and renewable energy storage systems, efficient recycling of lithium-ion batteries and recovery of valuable minerals such as lithium, cobalt, and nickel have become strategically important for the country.

Officials said the partnership combines academic research and industrial expertise to create advanced recycling technologies that can support sustainable manufacturing and reduce dependence on imported raw materials. The initiative also aligns with India’s broader goals of promoting clean energy, resource efficiency, and environmentally responsible industrial practices.

Experts believe that strengthening domestic capabilities in battery recycling and critical mineral recovery will play a key role in supporting the future growth of India’s electric mobility and energy storage sectors.