Black Mass Recycling Business Raising Initial Funds In Surat
About Business
The business is a greenfield venture planning to establish a fully automated lithium-ion battery recycling facility in Surat with a processing capacity of 5 tonnes per day (TPD). The proposed plant will specialize in recycling end-of-life lithium-ion battery waste to produce Black Mass, a high-value intermediate material containing critical metals that is supplied to domestic refiners for further extraction.
The promoters have completed the preliminary groundwork for the project, including finalizing the industrial site on lease, identifying machinery suppliers, negotiating procurement quotations, and mapping the regulatory approval process. The business is also in discussions with battery scrap suppliers and domestic refiners to establish long-term raw material sourcing and product off-take agreements, enabling efficient operations from the commencement of production.
Products & Services
Recycling of end-of-life lithium-ion battery waste
Production of Black Mass for metal recovery
Processing of lithium-ion battery scrap
Supply of recycled battery materials to domestic refiners
Clientele type
The business intends to serve battery scrap suppliers, domestic metal refiners, battery recycling companies, electric vehicle ecosystem participants, battery manufacturers, and organizations involved in critical mineral recovery and sustainable resource management.
Premises
The place is yet to be finalized.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 2.00 Cr
Minimum ticket size
INR 1.50 Cr
Reason
The promoter is looking to raise funds for lease premium, construction of the manufacturing facility, procurement and installation of automated processing machinery, and initial working capital.
More Details
The promoter has textile industry experience and now wants to start this business.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience