Lohum
Lohum Cleantech is an India-based, vertically integrated critical minerals company that recycles lithium-ion batteries and produces battery-grade lithium, cobalt, nickel, cathode active materials, rare earth magnets, and recovered carbon black for EV, energy storage, defense, and electronics manufacturers.
- Company typePrivate
- Founded2017
- HeadquartersNoida, India
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Lohum does
Lohum Cleantech Private Limited is a vertically integrated critical materials company that processes end-of-life lithium-ion batteries and electronic waste into battery-grade critical minerals and advanced materials. Founded in 2018 (Noida, India) by Rajat Verma, the company operates 25,000 MT per annum of battery recycling capacity alongside dedicated refineries for lithium (1,000 MT), cobalt (1,200 MT), nickel (1,000 MT), and aluminum/copper (4,500 MT), using proprietary hydrometallurgical and chemical processing technologies backed by 300+ patent claims. Its product portfolio spans critical minerals (Li, Co, Ni, rare earth oxides, platinum group metals), cathode active materials (NMC, LFP, LCO, LMFP via subsidiary Vidyuta Materials), rare earth permanent magnets, recovered carbon black (via 51:49 JV Lohum Talbros CarbonTech), catalysts (via LOHUM Catalysts), graphene, and graphite, with an AI-enabled battery diagnostics platform supporting second-life battery repurposing and EPR compliance services under India's Battery Waste Management Rules.
The company sells primarily through direct B2B enterprise relationships to EV manufacturers, battery cell makers, energy storage operators, defense and electronics manufacturers, and EPR compliance customers. Pricing is opaque and not publicly disclosed. Revenue mechanics combine transaction-fee recycling services, hardware sales of refined minerals and advanced materials, and professional services for EPR compliance. Distribution is anchored by strategic partnerships — including with BEEAH and the UAE Ministry of Energy (Sharjah recycling JV), Hindustan Copper (20-year revenue-sharing on a 50,000 TPA copper project), Talbros Automotive (recovered carbon black JV), and ACKO General Insurance (EV battery collection) — alongside participation in Indian government schemes such as ECMS for rare earth magnets. The company is PE-backed (Baring Private Equity India led the USD 54M Series B in March 2024), has raised USD 120M+ to date, and is targeting an early 2027 IPO with a $200M raise.
Lohum firmographics
Firmographics- Name
- Lohum
- Legal name
- Lohum Cleantech Private Limited
- Website
- https://www.lohum.com/
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Lohum Cleantech is an India-based, vertically integrated critical minerals company that recycles lithium-ion batteries and produces battery-grade lithium, cobalt, nickel, cathode active materials, rare earth magnets, and recovered carbon black for EV, energy storage, defense, and electronics manufacturers.
- Ownership category
- akta.pro rank
Lohum industry classification
Industry- Product category
- Battery Recycling and Critical Minerals Manufacturing
- NAICS
- Materials Recovery Facilities (562920), Battery Manufacturing (335910), Waste Collection (56211)
- SIC
- Refuse Systems (4953)
- akta.pro primary industry
- Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid) (EUAMALAE)
- akta.pro secondary industries
- Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Collection, Logistics & Reverse Supply Chain (Transport, Sorting, Tracking) (EUAFACAA), Battery Materials Refining & Re-Manufacturing Feedstocks (Li, Ni, Co, Mn, Graphite Salts) (EUAIAIAJ)
Keywords
Where Lohum is headquartered
LocationHeadquarters
- HQ city
- Noida
- HQ country
- India
- HQ region
- Asia
Offices5 records
Markets served
Lohum business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations
Revenue model
- Battery Recycling Services: Collection and recycling of end-of-life lithium-ion batteries from EVs, consumer electronics, and energy storage systems. Processes batteries to recover critical minerals including lithium, cobalt, nickel, and graphite. Also offers second-life battery refurbishment for energy storage applications.
- Critical Minerals and Metals: Production and sale of refined critical minerals including lithium, cobalt, nickel, copper, aluminum, rare earth oxides, and platinum group metals extracted through recycling and processing operations
- Cathode Active Materials: Manufacturing and sale of battery-grade cathode active materials including NMC (Nickel Manganese Cobalt Oxide), LFP (Lithium Iron Phosphate), LCO (Lithium Cobalt Oxide), and LMFP (Lithium Manganese Iron Phosphate) for lithium-ion cell manufacturing through subsidiary Vidyuta Materials
- Rare Earth Magnets: Manufacturing of high-power rare earth magnets from rare earth oxides for EV motors, electronics, defense systems, and renewable energy applications
- Recovered Carbon Black and Advanced Materials: Production of recovered carbon black (rCB), devulcanized rubber, catalysts, and graphene from recycled materials through subsidiary Lohum Talbros CarbonTech and other partnerships
- EPR Compliance Services: Extended Producer Responsibility solutions helping battery and electronics manufacturers meet regulatory compliance requirements under India's Battery Waste Management Rules
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Lohum product offering
Product offeringCore offering
Lohum operates a vertically integrated platform that recycles end-of-life lithium-ion batteries and electronic waste to recover critical minerals such as lithium, cobalt, nickel, copper, and rare earth elements, then processes and refines them into battery-grade products including cathode active materials (NMC, LFP, LCO, LMFP), high-power rare earth magnets, catalysts, recovered carbon black, and graphene. The company also offers EPR compliance services and second-life battery repurposing for energy storage applications.
Product overview
Lohum operates a vertically-integrated portfolio across critical materials, critical minerals, and energy transition value chains. The core offerings include: (1) Battery Recycling Services processing lithium-ion batteries to recover lithium, cobalt, nickel, copper, aluminium, and graphite; (2) Critical Minerals including Nickel, Cobalt, Lithium, and Rare Earth Oxides; (3) Advanced Materials including Cathode Active Materials (NMC, LFP, LCO, LMFP), High Power Magnets, Graphene, Base Metal and Precious Metal Catalysts, Recovered Carbon Black, Devulcanized Rubber, and Graphite; and (4) Services including Extended Producer Responsibility (EPR) Solutions and Second-Life Battery Repurposing into energy storage systems. Subsidiaries include LOHUM Talbros CarbonTech Private Limited (51:49 JV with Talbros for recovered carbon black), LOHUM Catalysts Private Limited (catalysts), and Vidyuta Materials Pvt Ltd (cathode active materials). The company also has an AI-led battery diagnostics platform mentioned alongside physical recycling and repurposing operations. Recent expansion includes rare earth magnet manufacturing approved under the ECMS scheme for India's first integrated 'Rare Earth to Magnet' facility in Uttar Pradesh.
Differentiator
Problem solved
Functional benefit
Products and services
- Battery Recycling Services End-to-end lithium-ion battery recycling services that collect, shred, and process end-of-life batteries and electronic waste using hydrometallurgical and pyrometallurgical methods to recover critical minerals for battery manufacturers and industrial buyers.
- Nickel Products
- Cobalt Products
- Lithium Products
- Rare Earth Oxides
- High Power Magnets High-power rare earth permanent magnets for next-generation electronics, electric vehicle motors, and defense applications; manufacturing facility under development in Uttar Pradesh with planned 2,000 MT annual capacity.
- Cathode Active Materials
- Base Metal Catalysts
- Precious Metal Catalysts
- Recovered Carbon Black (rCB)
- Devulcanized Rubber (DR)
- Graphene and Graphene-based Additives
- Graphite
- Extended Producer Responsibility (EPR) Solutions
- Second-Life Battery Repurposing and BESS
Quantifiable outcome
- Up to 20% of India's rare earth magnet demand to be met by 2027 through 2,000 MT facility
- +3 more outcomes
Companies that use Lohum
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Lohum technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Lohum partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, strategic and minor.
- Talbros Automotive Components LimitedcoreJoint venture to establish Lohum Talbros CarbonTech Private Limited focused on trading, manufacturing, production, and refining of recovered Carbon Black. Structured as 51:49 equity split with initial paid-up capital of INR 100,000. Combines Lohum's resource recovery technologies with Talbros' automotive OEM relationships.
- Hindustan Copper Limitedcore20-year revenue-sharing agreement to restart, upgrade and operate Hindustan Copper's 50,000-tonne-per-annum copper refining project at Jhagadia in Gujarat. Upgraded facility will produce Grade-A copper cathodes with 99.9997% purity for power, EV, electronics and infrastructure sectors. Supports India's goal of reducing copper import dependence.
- Konstantin Novoselov (Nobel Laureate)strategicCollaboration with Nobel laureate who discovered graphene to develop advanced materials research and engineering. Focus on using graphene and developing recycling systems for batteries and magnets to support India's green energy goals. Discussions with Uttar Pradesh Chief Minister to make state a hub for advanced materials.
- BEEAH GroupcoreJoint venture with UAE Ministry of Energy and Infrastructure and BEEAH to build UAE's first large-scale EV battery recycling and second-life repurposing facility in Sharjah. Facility to process 1,500 tonnes of Lithium-ion batteries initially, doubling capacity within three years. Supports UAE's net-zero goals and positions country as regional clean energy hub.
- UAE Ministry of Energy and InfrastructurecoreGovernment partnership to establish UAE's first large-scale EV battery recycling facility in Sharjah. Project announced at World Future Energy Summit 2026, supporting UAE's goal of 50% electric vehicles by 2050.
- ACKO General Insurance LimitedminorPartnership to recycle and repurpose electric vehicle batteries covered by extended warranty insurance. Aims to streamline claim processes and minimize environmental impact for EV insurance policies.
Scale indicators16 records
Recent moves9 records
Expansion highlights6 records
Lohum competitors and assessment
Company assessmentDirect peers
- Li-Cycle: Public Li-ion battery recycling company operating hydrometallurgical 'Spoke & Hub' networks across North America and Europe. Directly comparable to Lohum on feedstock (end-of-life Li-ion batteries) and recovery of Li, Co, Ni, plus black mass production, though Li-Cycle is currently in restructuring.
- Redwood Materials: US-based Li-ion battery recycler founded by JB Straubel, recovering cathode and anode materials for reintroduction into battery supply chains. Direct peer on hydrometallurgical recycling, CAM integration, and OEM partnerships.
- Ascend Elements: US Li-ion battery recycler using hydrometallurgical processes to produce black mass and cathode precursor materials (Hydro-to-Cathode). Direct peer on Li-ion recycling with upstream CAM integration, comparable to Lohum's Vidyuta Materials subsidiary.
- Attero: India's largest e-waste and lithium-ion battery recycler, operating integrated recycling facilities. Closest direct domestic competitor to Lohum, with comparable feedstock collection and Li/Co recovery focus in the Indian market.
- Cirba Solutions: North American battery materials and recycling company offering collection, processing, and materials recovery services for end-of-life Li-ion batteries. Comparable on hydrometallurgical recycling and black mass production.
Broad incumbents
- GEM Co. China's largest battery recycler and a leading global producer of recycled Ni, Co, and Li salts. Comparable on hydrometallurgical recycling at scale and downstream precursor/cathode materials, though operating predominantly in China.
- SungEel HiTech: Korean Li-ion battery recycler with global operations recovering black mass and critical minerals. Comparable on hydrometallurgical recycling and OEM-grade material production.
- Umicore: Belgian materials technology and recycling group operating one of Europe's largest Li-ion battery recycling plants plus cobalt/Ni refining. Broad incumbent comparable to Lohum on materials refining and cathode chemistry expertise.
- Tata Chemicals: Indian-listed specialty chemicals and materials company active in lithium carbonate production and battery materials. Broader incumbent comparable to Lohum on critical mineral processing in India and proximity to Indian EV manufacturers.
Regional players
- Gravita India: India-listed lead-acid and lithium battery recycler with global collection networks across Asia, Africa, and the Americas. Comparable to Lohum on Indian battery recycling operations and collection logistics infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Lohum social profiles
Digital presenceLohum financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lohum leadership team
Management profileNumber of profiles
Profiles1 record
Lohum subsidiaries and ownership
Company hierarchySubsidiaries5 records
Lohum funding detail
Funding detailFunding overview
Funding rounds4 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lohum M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lohum
What does Lohum do?
Lohum operates a vertically integrated platform that recycles end-of-life lithium-ion batteries and electronic waste to recover critical minerals such as lithium, cobalt, nickel, copper, and rare earth elements, then processes and refines them into battery-grade products including cathode active materials (NMC, LFP, LCO, LMFP), high-power rare earth magnets, catalysts, recovered carbon black, and graphene. The company also offers EPR compliance services and second-life battery repurposing for energy storage applications.
Is Lohum a public or private company?
Lohum is a private company. It is classified as private equity controlled and is currently operating.
When was Lohum founded?
Lohum was founded in 2017. It employs 501 to 1,000 people.
Where is Lohum based?
Lohum is headquartered in Noida, India, in the Asia region.
How does Lohum make money?
Six revenue lines are on record. Battery Recycling Services are the primary driver. The others are critical Minerals and Metals, cathode Active Materials, rare Earth Magnets, recovered Carbon Black and Advanced Materials and EPR Compliance Services.
Who are Lohum's main competitors?
Direct peers on record are Li-Cycle, Redwood Materials, Ascend Elements, Attero and Cirba Solutions. Broad incumbents are GEM Co., SungEel HiTech, Umicore and Tata Chemicals. Gravita India is listed as a regional player.
Does Lohum have an API?
No public API is recorded for Lohum.
What industry is Lohum in?
Lohum's product category is Battery Recycling and Critical Minerals Manufacturing. Its primary akta.pro industry code is EUAMALAE, Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid), with a secondary code of EUAFABAA, Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite). Its NAICS code is 562920 and its SIC code is 4953.