Recyclekaro Partners with IIT Bombay to Boost Critical Mineral Extraction

Evergreen Lithium Recycling, a subsidiary of Evergreen Recyclekaro India, has signed a technology licensing agreement with the Indian Institute of Technology Bombay to improve the extraction of critical minerals used in battery precursors and boost efficiency in battery recycling.

This partnership represents a major milestone in Recyclekaro’s mission to develop scalable, tech-driven solutions for India’s growing circular economy. The licensed technology is expected to cut processing costs by 30%–40% while enhancing overall efficiency, strengthening Recyclekaro’s expertise in urban mining and resource recovery.

At a time when India is prioritizing critical mineral security and localization of battery supply chains, this partnership reinforces Recyclekaro’s commitment to supporting the country’s clean energy transition and electric mobility ecosystem.

Commenting on the development, Rajesh Gupta, Founder & MD, Recyclekaro, said:
“Building a robust critical minerals ecosystem in India requires strong collaboration between industry and academia. Our partnership with IIT Bombay is a strategic step towards enhancing process efficiency while also investing in indigenous innovation, talent, and infrastructure. We believe such R&D specific collaborations will play a pivotal role in shaping India’s position in the global resource recovery and recycling landscape.”

Through this collaboration, Recyclekaro aims to further strengthen its technological capabilities, drive innovation in battery recycling, and contribute to the development of sustainable and commercially viable solutions for India’s future material needs.

The partnership also reflects Recyclekaro’s broader vision of fostering deeper industry-academia engagement to accelerate growth in the critical minerals and circular economy sectors.