Building India’s Battery Recycling Ecosystem
CircuOre is developing lithium-ion battery recycling capabilities to recover high-value metals and metal salts from end-of-life batteries, enabling a closed-loop battery value chain for India.
Lithium-ion battery recycling
Critical metal recovery
Hydrometallurgical processing
Our Vision
To build a circular and resource-secure battery ecosystem for India by transforming end-of-life lithium-ion batteries into a sustainable source of critical materials.
Our Direction
Our Mission
To develop world-class lithium-ion battery recycling capabilities that recover high-value metals and metal salts through environmentally responsible hydrometallurgical processes.
From spent batteries to recovered critical materials.
1
Source
End-of-life batteries from EVs, consumer electronics, energy storage systems, and manufacturing scrap.
2
Process
Safe and responsible lithium-ion battery recycling using hydrometallurgical process.
OUR PROCESS
3
Recover
Critical metals and metal salts from battery waste.
4
Reintroduce
Recovered materials reintroduced into the battery value chain for a sustainable future.
India's Clean Energy Future Needs a Circular Economy
The problem we aim to solve
As EVs, energy storage, and electronics drive battery demand, recycling end-of-life lithium-ion batteries will be critical to recovering valuable materials, reducing waste, and strengthening domestic supply chains
600 GWh
India’s estimated cumulative battery storage potential by 2030
Source: NITI Aayog
128 GWh
Recyclable LIB waste projected by 2030, with EVs contributing 46%
Source: NITI Aayog
100%
India imports 100% of its lithium, cobalt, and nickel from overseas
Source: IEEFA, 2026
6x
Growth in LIB waste by 2030
Source: Aranca Research, April 2025
75%
Lower CO₂ emissions recycling LIBs vs. virgin mining
Source: RMI
Recycling is not an afterthought, but a supply-chain imperative and a massive economic opportunity.
OUR FOUNDERS
Built by industry veterans.
CircuOre is led by founders with deep experience across automotive, steel, and manufacturing industries.
M Lakshminarayan
Co-Founder & Chairman
S Ravichander
Co-Founder & CEO
B Muthuraman
Co-Founder
D V Srikumar
Co-Founder
G Ravindran
Co-Founder
N Sridhar
Co-Founder
T G Ramakrishnan
Co-Founder