- Supports Government’s National Critical Mineral Mission to Strengthen Domestic Supply Chains
Attero, the biggest e-waste recycling company in India and the most sophisticated lithium-ion battery recycler in the world, has announced that it will invest Rs. 100 crore to significantly increase its rare earth element (REE) recycling capacity from 300 tonnes to 30,000 tonnes over the course of the next 12 to 24 months. The National Critical Mineral Mission (NCMM), established by the Indian government in 2025 to lessen reliance on imports and encourage self-sufficiency in vital mineral supply chains, is directly aided by this growth.
Over the next 12 to 24 months, Attero, the largest e-waste recycling company in India and the most advanced lithium-ion battery recycler globally, plans to invest Rs. 100 crore to boost its rare earth element (REE) recycling capacity from 300 tonnes to 30,000 tonnes. This expansion directly supports the National Critical Mineral Mission (NCMM), which was created by the Indian government in 2025 to promote self-sufficiency in critical mineral supply chains and reduce dependency on imports.
“Attero has consistently advocated for India’s self-reliance in critical minerals to reduce dependence on imports and counter China’s dominance in rare earth supply chains. We are proud to be the only Indian company with proven deep-tech and globally patented processes to refine black mass and recover rare earth elements with over 98% efficiency and 99.9% purity. The current global environment only reinforces the urgency of building domestic infrastructure. With our existing capability and technology leadership, we are ready to scale our REE recycling capacity from 1 to 100 tonnes per day to reach a total of 30,000 tonnes annually and explore further expansion as demand accelerates. We plan to invest Rs. 100 crore towards this expansion,” said Mr Nitin Gupta, CEO and Co-founder of Attero.
REEs may be extracted from e-waste and end-of-life devices, including laptops, hard disc drives, neckbands, and earphones—components that have high concentrations of Nd, Pr, Ce, Gd, and Dy—thanks to Attero’s patented method. In comparison to conventional mining, the technique is economical, energy-efficient, and drastically lowers greenhouse gas emissions.
To further solidify its position as a pioneer in the circular economy for vital metals, Attero is the only Indian business capable of refining black mass, a crucial byproduct of used lithium-ion batteries, into high-purity materials including lithium, cobalt, nickel, and manganese.
The company currently holds over 46 global patents, including recent grants in the rare earth space across key international markets: India (202411030553), Oman (OM/P/2025/265), Qatar (QA/202504/0000282), Saudi Arabia (SA 1020252385), Kuwait (2025/003091), UAE (P2025-01121), Bahrain (20250105), China (202510477269.7), and Taiwan (114114215). These patents reinforce Attero’s global leadership in sustainable urban mining and critical mineral recovery.
To establish a solid basis for independence in the critical mineral industry, the Indian government started the National Critical Mineral Mission. Recycling has been identified as a crucial tactic to safeguard domestic supply chains and lessen reliance on imports as part of this endeavour. This national goal is supported by Attero’s cutting-edge capabilities, which provide a scalable route to independence in rare earths and other vital metals.
The company processed more than 150,000 tonnes of e-waste and 15,000 tonnes of lithium-ion batteries yearly in FY25, with a 100% year-over-year growth plan. Attero intends to increase its presence outside in the US and Europe. In order to increase its global capacity and solidify India’s position as a leader in essential mineral recycling, the business plans to increase its yearly e-waste processing to 415,000 tonnes and battery recycling to 50,000 tonnes.