MiniMines Cleantech Solutions has signed an estimated 2,350 INR-Crore MoU with the Karnataka Government to build a Giga Critical Minerals Refining Complex in Bengaluru. The first phase will refine 15,000 MTA, producing an annual throughput of 13,400 Tonnes. Its estimated output, valued at 500–600 INR-Crore, will support industries such as electric vehicles, renewable energy, aerospace, defence, and electronics.
Additionally, the complex will employ MiniMines’ patented Hybrid-Hydrometallurgy (HHM) process for lithium-ion battery recycling. It will integrate HydroMag REE Loop technology to recover rare earth magnets. A research and training center will support innovation, skill development, and technology transfer in circular mineral processing. Once operational, the facility is expected to create over 1,500 jobs.
Also Read: L&T Secures major 2,500-5,000 INR-Crore Mumbai-Ahmedabad bullet train deal
Furthermore, MiniMines Karnataka will boost the state’s technology ecosystem and align with India’s National Critical Minerals Mission to reduce import dependence. Backed by institutional and private investors, including Mercedes-Benz, Climate Tech Incubator, MiniMines aims to advance a domestic critical minerals ecosystem and create long-term value across the supply chain.
Biltrax Construction Data is tracking 37,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
