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Rare Earth Independence: Attero Targets 30,000-Tonne Capacity with ₹100 Crore Plan

Written by: Neha DubeyUpdated on: 20 Jun 2025, 2:41 pm IST
Attero to invest ₹100 crore to boost rare earth recycling to 30,000 tonnes, supporting India’s push for mineral self-reliance.
Rare Earth Independence: Attero Targets 30,000-Tonne Capacity with ₹100 Crore Plan
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Attero, a critical mineral recycler, is investing ₹100 crore to expand its rare earth recycling capacity from 300 to 30,000 tonnes within 2 years. The move supports India’s National Critical Mineral Mission and comes amid rising global demand and export restrictions from China.

Attero Scales Up Rare Earth Recycling with ₹100 Crore Investment

In a major step toward strengthening India’s self-reliance in critical mineral resources, e-waste recycling firm Attero has announced a ₹100 crore investment to scale up its rare earth recycling capacity from 300 to 30,000 tonnes over the next 12 to 24 months.

The decision is timely, coming in the wake of China’s export restrictions on rare earth elements—a category of critical minerals essential to the manufacturing of electronics, electric vehicles, wind turbines, and other high-tech products, as per PTI news.

Attero’s Focus on High-Purity Extraction

Attero’s upcoming expansion will centre around the extraction of rare earth elements like:

  • Neodymium (Nd)
  • Praseodymium (Pr)
  • Dysprosium (Dy)

The company aims to achieve over 98% extraction efficiency and 99.9% purity, making the recovered materials suitable for high-tech and clean energy applications such as EV motors, wind turbines, and consumer electronics.

Supporting National Critical Mineral Mission

The investment aligns with the government’s recently launched National Critical Mineral Mission (NCMM), which aims to reduce India’s dependency on imports and secure domestic supply chains for critical minerals.

Why It Matters?

India, like many other countries, has long been dependent on China for the supply of rare earth elements. With export restrictions tightening and the clean tech sector growing rapidly, recycling emerges as a strategic and sustainable route to build resilient mineral supply chains.

Attero’s large-scale recycling initiative could help mitigate supply risks, promote circular economy principles, and accelerate India’s progress in sectors such as green energy and mobility.

About Attero

Attero is an Indian company engaged in e-waste and lithium-ion battery recycling, with operations focused on resource recovery and circular economy solutions. Attero reports a recovery rate of over 98% for valuable materials from end-of-life electronics and batteries.

It also estimates an annual reduction of more than 100,000 tonnes of CO₂-equivalent emissions through its recycling processes. With a network of over 300 industry partners, the company contributes to India's efforts under Extended Producer Responsibility (EPR) and plays a role in the broader push for self-reliance in critical mineral supply chains.

Read More: Piyush Goyal: China’s Rare Earth Move a Wake-Up Call.

Conclusion

Attero’s planned expansion marks a notable development in India’s efforts to secure a stable supply of critical minerals amid changing global trade dynamics. As the demand for rare earth elements continues to grow across clean energy and technology sectors, initiatives like this may play a key role in shaping a more self-reliant and sustainable mineral ecosystem for the country.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 20, 2025, 9:09 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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