Business Overview
- Specialize in li-ion battery recycling, extracting valuable precious metals and pioneering innovative recycling machinery.
- The product, black mass, derived from recycled lithium-ion batteries, is sold to battery manufacturers and metal refiners for extracting critical metals like lithium, cobalt, and nickel, essential for new battery production.
- Precious metals extracted during the recycling process are sold to industries for reuse in various applications, including electronics manufacturing and further battery production.
- Offer specialized recycling services to industries dealing with used lithium-ion batteries, including electric vehicle companies, consumer electronics manufacturers, and renewable energy firms, ensuring compliance with environmental standards.
- Currently fulfilling its first contract with a key client, with a strong pipeline of potential clients in the battery manufacturing and recycling sectors across Malaysia and China.
- Revenue model is driven by the sale of black mass and precious metals, along with providing specialized recycling services for businesses looking to responsibly dispose of their lithium-ion batteries.
- Capacity is 2 tons/day with a 75% utilization at present.
- The COO, with an MSc in environmental engineering, has extensive experience in battery recycling, while the CEO, a finance and economics specialist, provides a competitive edge.
- Strategic relationships established with suppliers and partners in the battery and recycling industries ensure a steady supply of recyclable materials and expand the company's reach.
- In the process of scaling operations, the company aims to be recognized as a key player in India's battery recycling market, with Startup India recognition.
- Employs contract workers and is compliant with GST and CIN regulations.
Products & Services Overview
Li-ion battery recycling, extracting valuable precious metals and pioneering innovative recycling machinery.
B2B transactions in the manufacturing sector.
Capitalization Overview
Totally bootstrapped with no outstanding loans.
2 shareholders, the CEO holds 85% & the COO holds 15%
Assets Overview
Machinery constitutes about 55% of our physical asset value, 1T raw material, and 38T finished material. Vehicles and office tech.
These assets are crucial for our operations and cannot be liquidated.
Full Sale
Asking Price:
USD
100 thousand
(Native Currency: USD 100,000)
Reason: I am moving back to the UK.
Includes physical assets worth
USD
85 thousand
Interested to connect with advisors
In talks with 3 Investors