MiniMines targets 45,000 MT battery-mineral refining capacity in Karnataka by 2028

Battery recycler MiniMines is planning a Karnataka giga critical-mineral refining complex, targeting 45,000 MT of annual processing capacity by end-2028. The company says its process can recover 96% of materials at more than 99% purity, strengthening domestic EV and cell-manufacturing supply chains.

— Filed Thu, 6 Aug, 2026, 12:02 IST · Source Hindustan Times · Business · Updated

Indian battery recycler MiniMines plans a Karnataka giga critical-mineral refining complex targeting 45,000 MT annual capacity by 2028. Its patented process claims 96% recovery and over 99% purity from end-of-life batteries, supporting India’s EV and domestic cell-manufacturing supply chain.

Why this matters

No prior MiniMines signals are listed, making the planned Karnataka refining complex the first identified move in its domestic battery-materials supply-chain strategy.

Retail-company signals are accelerating, up 165956% QoQ.