Recyclekaro partners with TMK for recycling facility in Uzbekistan

Recyclekaro will establish a facility in Uzbekistan for e-waste and battery recycling. This strategic collaboration aims to recover critical minerals from across Central Asia. Feasibility studies are currently underway to determine the facility's ...

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Recyclekaro plans an e-waste and battery recycling facility in Uzbekistan to recover critical minerals and advance India-Uzbekistan circular-economy cooperation. (Representative Image)
Mumbai: E-waste and lithium-ion battery recycling firm Recyclekaro on Wednesday said it will set up a facility in Uzbekistan for e-waste and end-of-life battery recycling and critical mineral recovery in a strategic collaboration with Uzbekistan Technological Metals Complex (TMK) as part of its global expansion plans.

The project will be developed from the ground up and will initially serve as a critical metal recovery hub for Uzbekistan, before expanding in its second phase to process e-waste as well as batteries and recover critical minerals from across Central Asia, the company said.

The facility will provide an end-to-end recovery capability within Uzbekistan, from collection to critical metal recovery, it said, adding that Recyclekaro will contribute its technology, project development, and operational expertise, it said.


Read more: Recyclekaro plans Rs 240 crore fundraise, weighs IPO amid expansion push

Feasibility studies have already begun to determine the facility's scale and viability, with its capacity expected to be announced soon, the company said.

Rajesh Gupta, Managing Director, Recyclekaro said, "Our collaboration with TMK represents a significant step in taking India's recycling expertise to the global stage and demonstrates how technology, innovation, and international partnerships can accelerate the shift towards a circular economy."
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Read more: Budget expectations & India's e-waste recycling journey: Insights from Recyclekaro's founder Rajesh Gupta

The move comes following Prime Minister Narendra Modi's recent state visit to Tashkent, Uzbekistan, during which India and Uzbekistan elevated their relationship to a Comprehensive Strategic Partnership.

The two countries identified critical minerals, trade, investment, and energy transition as key areas for deeper cooperation, including mineral processing and recycling initiatives, Recyclekaro said.

It aligns with the broader India-Uzbekistan vision of encouraging industrial cooperation, mineral resource processing, production of value-added products, and recycling initiatives, the company said and added the two governments have agreed to expand cooperation in critical minerals through joint projects in geological exploration, mining, mineral processing, and the development of integrated value chains.
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