N.A.N. Silox GreenMet announced on Wednesday the appointment of Vijay Pasupathy as Chief Executive Officer. The company also announced that it has secured Consent to Establish approval and break ground on its Rs 1,400 crore lithium-ion battery recycling and critical metals recovery facility in Andhra Pradesh.
In his new role, Pasupathy will oversee the construction and commissioning of the Naidupeta plant while driving the joint venture's downstream expansion into precursor cathode active material (pCAM) and cathode active material (CAM) manufacturing.
Naivedya Agarwal, Director and Co-founder, N.A.N. GreenMet, said, "We are delighted to welcome Vijay as CEO alongside a heavily experienced operational leadership team at this pivotal stage. With groundbreaking underway at Naidupeta, our downstream pCAM and CAM expansion will ensure that critical minerals recovered in India are processed further and reused to build new batteries domestically."
N.A.N. Silox GreenMet is a 50:50 joint venture between Indian industrial platform N.A.N. GreenMet and Belgium's Silox Group. The company said that the new facility is designed for an ultimate capacity of 40,000 tonnes per annum of battery shredding and 20,000 tonnes per annum of hydrometallurgical processing, deployed in phases to produce battery-grade metal salts.