MiniMines Gets Rs 43 Million Grant for Battery Recycling

05 Sep 2025 CW Team

MiniMines Cleantech Solutions, a battery recycling start-up, announced on Tuesday that it has received grants totalling Rs 43 million from Oil India Ltd, ACT, and the United Nations Industrial Development Organisation (UNIDO) to support its refining and recycling of critical minerals in India.

The funding will be used for process engineering, plant commissioning, and commercial validation of recycled battery-grade materials, the company said in a statement.

With this backing, MiniMines will move to continuous processing and commission a full-scale plant, aimed at reducing lead times in recovering critical battery materials. The initiative supports end-to-end circularity in the supply chain, lowering lifecycle emissions compared to conventional mining and processing.

The company, which specialises in extracting and refining metals from end-of-life lithium-ion batteries, said the grant marks a significant step in advancing India’s National Critical Minerals Mission.

“This milestone positions MiniMines at the forefront of India’s efforts to secure critical minerals,” said Anupam Kumar, Co-founder and CEO. He added that the company's proprietary technology enables the production of high-purity materials with significantly reduced carbon emissions.

MiniMines’ recycling model also aims to reduce India’s dependence on imported raw materials, feeding domestic manufacturing with nickel for green hydrogen, copper for electronics, and sulphates for fertilisers. The company said this creates a resilient and circular supply chain for India's green industrial future.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..