{"id":4776,"date":"2024-06-14T01:44:01","date_gmt":"2024-06-14T01:44:01","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=4776"},"modified":"2024-06-14T01:44:01","modified_gmt":"2024-06-14T01:44:01","slug":"attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/","title":{"rendered":"Attero to set up Rs 600 crore Li-ion battery recycling plant in Telangana"},"content":{"rendered":"<p>Recycling, electronic waste and Li-ion battery recycling company, today announced that it will invest Rs 600 crore to set up a Lithium-ion battery recycling factory inTelangana. The facility will be spread over 50 acres and will increase Atteros Li-Ion battery recycling capacity to 19,500 MT by the end of 2023 from its current capacity of 4,500 MT.<\/p>\n<p>Attero has signed a Memorandum of Understanding (MoU) withTelangana Governmentto strengthen <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n    <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>         <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> the li-ion battery recycling ecosystem in the country and establish a hub for Li-Ion battery recycling for its India operations. The new facility will provide direct <a href=\"https:\/\/exam.pscnotes.com\/employment\">EMPLOYMENT<\/a> to over 400 people and over 1,100 indirectly.<\/p>\n<p>The extracted materials are sold in the market at LME or Fast Market prices. Currently, Attero is the only company in the world to be approved by  for safely reducing carbon emissions from recycling <a href=\"https:\/\/exam.pscnotes.com\/e-waste\">E-Waste<\/a> and Li-Ion waste.<\/p>\n<p>The global recycling <a href=\"https:\/\/exam.pscnotes.com\/industry\">Industry<\/a> is projected to reach $22.8 billion by 2030, up from $4.6 billion currently, expanding at a CAGR of 19.6%. With the planned capacity expansion, Attero would be able to meet 15% of the global demand for Li-Ion, 15% of the global demand for cobalt, and 15% of the global demand for graphite and emerge as one of the most formidable players in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recycling, electronic waste and Li-ion battery recycling company, today announced that it will invest Rs 600 crore to set up a Lithium-ion battery recycling factory inTelangana. The facility will be spread over 50 acres and will increase Atteros Li-Ion battery recycling capacity to 19,500 MT by the end of 2023 from its current capacity of &#8230; <a title=\"Attero to set up Rs 600 crore Li-ion battery recycling plant in Telangana\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/\">Read more <span class=\"screen-reader-text\">Attero to set up Rs 600 crore Li-ion battery recycling plant in Telangana<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1097],"tags":[610],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Attero to set up Rs 600 crore Li-ion battery recycling plant in Telangana - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Attero to set up Rs 600 crore Li-ion battery recycling plant in Telangana\" \/>\n<meta property=\"og:description\" content=\"Recycling, electronic waste and Li-ion battery recycling company, today announced that it will invest Rs 600 crore to set up a Lithium-ion battery recycling factory inTelangana. The facility will be spread over 50 acres and will increase Atteros Li-Ion battery Subscribe on YouTube Join Our Telegram Channel recycling capacity to 19,500 MT by the end ... 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The facility will be spread over 50 acres and will increase Atteros Li-Ion battery Subscribe on YouTube Join Our Telegram Channel recycling capacity to 19,500 MT by the end ... Read more Attero to set up Rs 600 crore Li-ion battery recycling plant in Telangana","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-14T01:44:01+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/","name":"Attero to set up Rs 600 crore Li-ion battery recycling plant in Telangana - Current Affairs Exam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website"},"datePublished":"2024-06-14T01:44:01+00:00","dateModified":"2024-06-14T01:44:01+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/attero-to-set-up-rs-600-crore-li-ion-battery-recycling-plant-in-telangana\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/current-affairs\/"},{"@type":"ListItem","position":2,"name":"Attero to set up Rs 600 crore Li-ion battery recycling plant in Telangana"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website","url":"https:\/\/exam.pscnotes.com\/current-affairs\/","name":"Current Affairs Exam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/current-affairs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/current-affairs\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/4776"}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=4776"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/4776\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=4776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=4776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=4776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}