LOHUM

LOHUM Founder & CEO Rajat Verma was at the 19th Confederation of Indian Industry India Africa Business Conclave - 'Creating ONE Future', hosting high-profile dignitaries like Shri Piyush Goyal, Minister of Commerce & Industry, Shri Kirti Vardhan Singh, Minister of State for External Affairs, Government of India, and close to 650 representatives from African Governments & Businesses. The event focused on the strategic role of India-Africa partnership in changing geo-political scenario. There, Rajat addressed the session on “Harnessing Critical Minerals for Sustainable Future”. Highlighting that from the #PlatinumGroupMetals, Africa has almost 80% of global gold reserves, he expressed- "So, we are talking about global reserves, which really can shake the needle significantly, and almost all these minerals are being refined in China. This is where we need to figure out how to collaborate on metals. Certainly, there are areas of collaboration around #infrastructure. LOHUM is already working on taking in various intermediate products and processing them further in India. We also do a lot of recycling of materials in India, but the core capability that we built as an organization is around refining. The market is not going to consume intermediates, and if you do not know how to refine the intermediates, you're taking the material back to China, which again will create the same monopoly that has now existed for too long in the world." #CriticalMinerals #EnergyTransition #Africa #India #Industry #CleanEnergy #AdvancedManufacturing

Happy Independence Day, India! Celebrating 78 years of freedom, LOHUM is flooring the pedal toward #ViksitBharat. This year, we celebrate India's growing focus toward #EnergyIndependence & #EnergySecurity. By making critical materials last forever through circularity, we are powering a brighter, equitable, and sustainable future for India. #IndependenceDay2024 #India #Renewables #CriticalMinerals #CircularEconomy #Sustainability #CriticalMinerals

Thanking Stride Ventures for hosting many incredible panel discussions at Stride Forward '24! LOHUM Founder & CEO Rajat Verma's insights & expertise on #Battery Lifecycle Management & #Circular Materials were welcomed by like-minded visionaries on 'Scaling Indian Climate Innovation'. The panel discussion left all present with plenty of inspiration and highlighted India's growing capabilities & the entrepreneurial ecosystem's commitment to creating #ClimateConscious value chains. Ishpreet Singh Gandhi, Abhinav Suri, Divya Anand, Divya Sharma, Vandya Sharma, Ravneet Mann, Neeraj Jain, Vivek Jain, Apoorva Sharma #StrideVentures #StrideForward2024 #NavigatingTheNext #EnergyTransition #Recycling

LOHUM, Morris Garages India Motor India, and TERI - The Energy and Resources Institute have come together to announce Project REVIVE! TERI strives to make EVs and battery energy environment-friendly and an integral part of sustainable development with REVIVE. As part of REVIVE, TERI has deployed repurposed 2nd life 5KWh BESS built from MG EV batteries by LOHUM at the TERI Resource Centre at Supi, where it will enable local farmers to process their produce into saleable products. The BESS was also deployed at the Saraswati Shishu Vidya Mandir in Nainital, where it will allow uninterrupted classes by supplying power when there is a cut due to bad weather or grid fluctuations. Er. Alekhya Datta Kapil Muddineni

LOHUM, Morris Garages India, and TERI - The Energy and Resources Institute have come together to announce Project REVIVE, an industry-first initiative to boost the adoption of Electric Vehicles! As part of REVIVE, LOHUM has repurposed MG EV batteries to make stationary Battery Energy Storage Systems to power Urban & Rural India! The BESS solutions will be scaled up to meet the needs of an increasing variety of energy needs across India. Speaking on Project REVIVE, LOHUM Founder & CEO Rajat Verma expressed- "We will play a pivotal role in ensuring the sustainability & circularity of MG’s electric vehicle batteries. By repurposing MG electric vehicle batteries as BESS, we contribute to accelerating the clean energy transition and address the rising need for reliable power supply across community centers." Rajeev Chaba, Gaurav Gupta, Neha Jain, Shanmugavel Nagapoosanam, Shveta Kulkarni

Stride Ventures , a key investor of LOHUM, is hosting its 5th-anniversary event, 'Stride Forward' today! LOHUM Founder & CEO Rajat Verma is there as a panelist among a distinguished group of industry experts and pioneers. The convergence of thought leaders at Stride Forward includes Global Startup Ecosystem innovators from Mobility, Fintech, Tourism, IT, and more. The event will also host high-profile figures such as Javed Akhtar, Indian screenwriter and lyricist, Rahul Dravid, Ex-Captain & Ex-Coach of the Indian Cricket Team, and Guneet Monga, 'The Elephant Whisperers' Academy Award-winning Producer. Stay tuned for more updates!

LOHUM was at the Material Recycling Association of India International Business Summit 2024 in Bangkok. With a spotlight on #BatteryRecycling, the summit focused on "Global Demand & Supply of Raw Materials" LOHUM's Vice President - Special Projects Pratyush Sinha was part of the panel discussion on 'Global Perspective on Battery Recycling', where he spoke on “Battery Materials: Challenges and Opportunities” and expressed- "The battery materials industry has a lot of challenges around supply chain, geopolitics, technological changes, and environmental impact. But every challenge is also an opportunity. We are still near the start of the journey of electrification and there’s a chance to build something big." Lee Allen Ashish Bansal William Gu Chi Hin Ling Naveen Prakash Sharma Pramod Shinde, Gaurav Kaul

LOHUM was at Investopia, organized by the Confederation of Indian Industry and the UAE's Ministry of Economy! LOHUM's Head of Corporate Development, Sachin Maheshwari, was a panelist at the plenary session on "Green Partnership: Decarbonizing Heavy Industries in the UAE and India". The session focused on environmental challenges, the transformation of manufacturing towards sustainable practices, the key advancements and innovations supporting this transition, and how the UAE and India can collaborate and capitalize on their competitive advantages to accelerate decarbonization. There, Sachin expressed- "For any company or industry to decarbonize, it's important not only to use clean energy but also to look at the supply chain and introduce circularity (reuse/recycle). Lohum has been at the forefront of producing sustainable critical materials and will continue its effort to reduce the carbon footprint in the energy industry."

LOHUM's Vice President - Special Projects Pratyush Sinha was at the WRI India Battery360 Alliance launch event, focused on 'Developing a Circular and Sustainable Battery Value Chain'. The event hosted impactful panelists from India's battery and critical materials value chain, including from government & international organizations as well as key technology pioneers and large market players. The dialogue focused on India's lifecycle approach to batteries and clean energy transition, scaling up Battery Energy Storage Systems for the EV transition, R&D opportunities, indigenous & sustainable battery manufacturing, policy frameworks, industry-academia collaboration, and more. Addressing the topic of battery circularity and recycling technology maturity in India, Pratyush expressed: "The Indian recycling industry has come of age: We have the technology. Today, companies from across the world want to tie up with LOHUM to meet their recycling requirements. We are the only ones who can compete with China on price at a global level, and receive black mass for recycling from the US, UK, and EU as players in those regions cannot compete with the technology we have in India. It is time to act: For the last two years, we've been talking about policy. We finally have the policies in place, and I think it is time now that we move toward implementation, and focus on the nuts and bolts of the problem. EPR price: Extended Producer Responsibility pricing needs to be clearly determined with the scientific method, and taking a holistic approach, we need to look at both environmental and mineral security aspects. Data Availability: Data is important to make informed decisions. We need to know how much material there is in the country, and how much waste is being generated. We call for a National Dashboard, which may be linked to the CPCB portal, or a Ministry of Mines platform. Role of civil society: Civil society is needed to help tend to the eco-system, provide data and information through rigorous studies, and call out bad actors through investigative journalism into on-ground realities. If we all work together then we can truly make battery circularity a success." #EPR #Recycling #Battery #CircularEconomy #CriticalMaterials #EnergyTransition #Circularity #ExtendedProducerResponsibility ##battery360

Today, LOHUM was at the Confederation of Indian Industry (CII) Global Summit on Advanced Materials, Critical Minerals, and Metals, as Principal Partner! Addressing the inaugural session of the summit, LOHUM Founder & CEO Rajat Verma expressed- "Aluminum used to be a rare metal, priced at $1000 per kilo, in the 18th Century. After the discovery of reserves, the invention of technology, and an ecosystem that supported innovation, the price fell 100x. Now it is not critical, but a regular part of our experience. Titanium was discovered a few years before Aluminum in the 17th century, but for 200 years no one knew how to produce it commercially until the 1930s, when shortly before WW2 the US Mining Ministry gave the investment and the impetus to produce the material at larger scales. As of 2024, Titanium is viably used in aerospace, defense, infrastructure and machinery, vehicles, and more. Through these two stories of Aluminum and Titanium, I am trying to reflect that- there are a lot of fascinating researchers everywhere in the world who ultimately contribute to the progress of society. It is very imperative that researchers in both academia & industry come together and do what needs to be done to ensure that science progresses, and advancement in materials progresses. And these stories also show the extreme help that sometimes the government needs to provide to get the industry going. There is a lot of uncertainty when it comes to advancing science, that is just an inherent nature of science, and what I hope is that 50 or 100 years from now there will be a world out there that will say that, yes, there were some people who cared about these critical minerals and that is why they are no longer critical minerals." #CriticalMinerals #Metals #TransitionMaterials #EnergyTransition #Recycling #CircularEconomy https://lnkd.in/ghmty6EN