In a bold stride towards the future of energy, Nisarg Ispat is actively entering the critical domain of Lithium Hydroxide extraction from Lithium Ore. This strategic diversification is a testament to our commitment to India's green energy transition and self-reliance in crucial battery materials.
We are building a vertically integrated lithium business to power the global energy transition. One of our group companies has a long term mining lease in Somaliland —rich in high-grade lithium-bearing pegmatites which will ensure continuous supply of raw material for our Lithium Hydroxide Plant. These mines position us at the forefront of responsibly sourced raw materials for the EV and battery industries.
To strengthen our downstream capabilities, we are establishing a state-of-the-art lithium hydroxide monohydrate (LHM) plant in India with a production capacity of 20,000 tonnes per annum. This facility will produce battery-grade lithium chemicals for electric vehicles, grid storage, and advanced electronics, making us a key player in the global clean energy supply chain.
Lithium hydroxide is a premium chemical compound, highly sought after as a key precursor for high-nickel cathode materials in advanced lithium-ion batteries. These batteries power the electric vehicles (EVs) revolution and are essential for large-scale energy storage systems, both vital for a sustainable future.
This new vertical marks Nisarg Ispat's dedication to innovation and its role in shaping a sustainable and electrified future.