Tag: battery recycling industry
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India: Lohum raises INR 230 crore to expand critical minerals, battery materials business
Ambit GPC-led fund backs Lohum’s expansion Company targets cathode materials, rare earth recovery Lohum Cleantech has secured INR 230 crore from Ambit Global Private Client’s Poonawalla Vision Fund-1 (PVF1) and a consortium of family offices to accelerate its expansion into advanced battery materials and critical minerals processing. The Noida-based company plans to diversify beyond battery…