Business Update18 Mar 2024, 05:46 pm
Nile Limited's Subsidiary Receives Approval, Commences Operations at Lithium-ion Battery Recycling Plant
AI Summary
Nile Li-Cycle Private Limited, a wholly owned subsidiary of Nile Limited, has received all necessary approvals and has commenced operations for Phase 1 of its Lithium ion battery recycling plant in Telangana, India. This phase involves the production of mixed metal oxide from Lithium ion batteries.
Key Highlights
- Nile Li-Cycle Private Limited receives all approvals for Phase 1 of its Lithium ion battery recycling plant
- Commencement of operations for Phase 1 in Maheshwaram, Telangana
- Production of mixed metal oxide from Lithium ion batteries initiated