New Delhi: Electricity trading company Manikaran Power Limited (MPL), together with its partner, Australian project development company Neometals Ltd, has launched a co-funded feasibility study to assess a lithium refinery. the company said in a press release.
According to the press release, the refinery located in India will have a nominal capacity of 20,000 tonnes per year LCE (lithium carbonate equivalent).
In June 2019, Neometals entered into a binding memorandum of understanding with Manikaran for joint initiatives to assess and estimate funding for the development of India’s first lithium refinery.
The main areas of assessment included feasibility studies, finalization of subcontractors, consultants and OEM reviews, and site assessment.
According to the publication, Primero Group will undertake the engineering study and integration of the key supplier package, with the support of Veolia HPD to design and estimate the hydrometallurgical process package and Sichuan Calciner Technologies to design and estimate the process package. pyrometallurgical.
Jasmeet Singh Kalsi, Director of Manikaran Power Limited, said: “The proposed lithium refinery, which will produce lithium hydroxide, essential for the manufacture of lithium-ion battery cells, with Neometals-Australia, as strategic partner, will contribute to the achievement of national downstream manufacturing. capacities for lithium-ion batteries, which in turn, will help the EV manufacturing ecosystem to achieve the “Make in India” mission.
The results of the assessment activity will determine the phased investment decisions for forming a 50/50 joint venture to develop the lithium refinery, according to the statement.