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Securing India’s Critical Metals, From Scrap to Supply Chain

India imports 100% of its lithium, cobalt and nickel. The fastest new source isn't a new mine — it's the urban mine: metal already in circulation. Metalbook closes the loop from scrap to battery- and industrial-grade material, at industrial scale.

30

Minerals declared critical by the Government of India

100%

Import dependence for lithium, cobalt & nickel

86%

Of key mineral refining concentrated in just 3 countries

40%

Less new copper & cobalt mining needed by 2050 through recycling (IEA)

Why It Matters

The supply chain is the new mine

Critical metals power everything India is building next — EVs, solar, wind, electronics, defence. But their extraction and refining are concentrated in a handful of geographies, exposing Indian manufacturers to price shocks and supply disruption. Recycling is the one source of critical metals that already sits inside India: in end-of-life vehicles, machinery, cables, batteries and electronics. What’s been missing is an organised supply chain to recover it. That is what Metalbook is building.

Cables & Machinery

Cables & Machinery

Wire, motors and transformers carry recoverable copper and aluminium — the workhorse metals of electrification.

Electronics & E-Waste

Electronics & E-Waste

Circuit boards, drives and devices hold tin, precious metals and rare-earth magnets — India’s fastest-growing urban mine.

Batteries & EVs

Batteries & EVs

Every EV and storage battery sold today is tomorrow’s domestic source of lithium, cobalt and nickel.

Our Ecosystem

Critical metals in the Metalbook ecosystem

From high-volume copper and nickel flowing through our marketplace today, to battery metals and rare earths recovered with our processing partners.

Cu

Copper

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The backbone metal of electrification — an EV uses up to 4× the copper of an ICE vehicle. On India’s critical minerals list.

Recovered from: cable & wire scrap, motors, transformers

Ni

Nickel

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Essential for stainless steel and EV battery cathodes. India is 100% import-dependent for primary nickel.

Recovered from: stainless steel scrap, alloy scrap, batteries

Al

Aluminium

LIVE ON MARKETPLACE

Strategic for solar, EVs and transmission. Recycling saves ~95% of the energy of primary production.

Recovered from: extrusion, UBC, cast & wire scrap, ELVs

Zn

Zinc

LIVE ON MARKETPLACE

Galvanising and die-casting workhorse, vital for infrastructure durability and battery technologies.

Recovered from: die-cast scrap, galvanisers’ dross, EAF dust

Co

Cobalt

VIA PROCESSING PARTNERS

Battery cathode metal with acute supply concentration. Recovered from lithium-ion battery black mass.

Recovered from: Li-ion battery scrap, superalloy scrap

Li

Lithium

VIA PROCESSING PARTNERS

The defining energy-transition metal. India generated ~1.5 Mt of e-waste in 2025 — a growing source.

Recovered from: Li-ion battery scrap (EV, ESS, electronics)

W

Tungsten

VIA PROCESSING PARTNERS

Hardest of the industrial metals; critical for tooling and defence. Highly recyclable from carbide scrap.

Recovered from: carbide tools, HSS scrap, wear parts

RE

Rare Earths & more

ROADMAP

NdFeB magnets, PGMs from catalytic converters, tin from solder — the next frontier of urban mining.

Recovered from: motors, hard drives, converters, e-waste

From Scrap to Supply

The five stages, in detail

Every tonne of scrap is an above-ground ore body. Recovery follows five stages — and fragmented, opaque supply chains are the biggest bottleneck at every one of them.

01

Collection & Aggregation

Scrap from dismantlers, dealers, industry and ELVs is aggregated into bankable, consistent volumes.

02

Sorting & Grading

Material is segregated and graded with verified chemistry (XRF/spectro), so recovery value isn’t lost.

03

Mechanical Processing

Shredding, baling and separation isolate metal fractions and battery black mass.

04

Extraction & Refining

Smelting and hydrometallurgy recover refined copper, aluminium, nickel and battery salts.

05

Back Into Manufacturing

Recovered metal re-enters supply chains as rod, billet, ingot, cathode and precursors.

Where Metalbook operates: we are the digital supply-chain layer across all five stages — aggregation, verified grading, commerce, logistics and financing — and we route material into extraction and refining through our recycler and processor network. We make recovery economically viable; our partners make it metallurgically possible.

Our Role

How Metalbook enables the critical metals supply chain

Critical-Metals Services

Beyond trading: services the ecosystem runs on

01

EPR Compliance Solutions

End-to-end support for producers under the Battery Waste Management Rules 2022 & E-Waste Rules — collection, routing to certified recyclers, audit-ready documentation.

02

Buyback & Asset Recovery

Structured buyback programmes for OEMs, fleets and industry: end-of-life batteries, machinery and process scrap converted into recovered value.

03

Price Intelligence

Live commodity and scrap price discovery across critical-metal streams, so participants transact on data instead of yard-gate opacity.

04

Verified Processor Network

Feedstock routed only to licensed, audited recyclers and refiners — matching material chemistry to the right recovery route.

The India Opportunity

Policy is now pulling in the same direction

India has made critical mineral security a national mission — and recycling is at the centre of it.

National Critical Mineral Mission

A national mission to secure India’s critical mineral value chain — exploration, acquisition, processing and recycling.

Recycling Incentive Scheme

Capex and opex incentives targeting 270 kt of new recycling capacity and 40 kt of recovered critical minerals from scrap.

EV & Renewables Build-Out

Every EV, solar park and grid upgrade deepens demand for copper, aluminium, nickel and battery metals — served domestically.

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