Recyclekaro, a player in e-waste and lithium-ion battery recycling in India, is poised to introduce India's first Plasma Furnace Technology Unit. Plasma Furnace Technology harnesses high-temperature plasma arcs to efficiently extract valuable metals from diverse waste streams. Unlike conventional methods that may pose environmental hazards, this technology offers a cleaner, more sustainable approach to metal extraction.
Recyclekaro's cutting-edge unit, currently with a capacity of 7500 metric tonnes, retrieves precious metals like gold, silver, platinum, palladium, and rare earth metals from electronic waste and industrial residues. With the advent of the new plasma furnace, Recyclekaro's e-waste recycling capacity is set to soar nearly tenfold to 75,000 metric tonnes per annum.
Given China's current dominance, comprising around 85% of rare earth elements (REE) production, Recyclekaro aims to make a significant contribution to rare earth elements production, with ambitions to achieve up to 1 to 1.5 MT per annum, the company shared.
Plasma Furnace Technology generates temperatures ranging between 5000 to 1000 degrees Celsius, facilitating expedited processing times and heightened metal recovery rates compared to traditional methods. With an anticipated 90% increase in efficiency and productivity, this environmentally friendly technology aligns seamlessly with Recyclekaro's sustainability goals and regulatory standards.
The Plasma Furnace Technology Unit will showcase state-of-the-art machinery, ensuring cost-effective and eco-friendly operations while adhering to stringent environmental and safety protocols. This advancement promises not only economic opportunities for India but also contributes to the circular economy, job creation, and technological innovation.