India to enter cathode active material (CAM) production
- August 18, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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India to enter cathode active material (CAM) production
Subject: Economy
Section: External Sector
In News: India aims for self-reliance in cathode materials by partnering with Altmin
Key Points:
- India aims for self-reliance in cathode materials by partnering with Altmin to produce Lithium Ferrous Phosphate, a crucial component of Cathode Active Materials used in advanced Lithium-ion cells for EVs.
- ARCI (International Advanced Research Centre for Powder Metallurgy and New Materials), which works under the Union Ministry of Science and Technology, in collaboration with Altmin has come out with the maiden product – Lithium Ferrous Phosphate (LFP), the key component of CAMs.
- This product is used in the manufacturing of advanced Lithium-ion cells that would help the electric vehicles industry and other industrial applications.
- What is Altmin?
- It is a non-government private limited company.The company was formed to support the Government of India’s Advanced Chemistry Cell – PLI scheme, targetted to localise the manufacturing of Li-ion cells and batteries in India and will continue to operate in a public-private partnership with ARCI.
- The company has partnered up with YLB of Bolivia for a consistent and secure supply of battery grade lithium carbonate necessary for the production.
Cathode active materials
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