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RegulatoryFinancial Express

India’s lithium-ion battery black mass export ban: what it means for recyclers and EV makers

Positive+47

GreyOak summary

India's Directorate General of Foreign Trade prohibited the export of lithium-ion battery black mass and specific battery waste effective immediately. This policy change aims to encourage domestic processing of critical battery materials to support the electric vehicle supply chain. The ban applies to unsorted waste not containing lead, cadmium, or mercury, while transitional arrangements under the Foreign Trade Policy 2023 remain in effect.

What it affects

  • EV transitionPositive +47

    Policy aims to support EV supply chain ambitions.Rolling sentiment Positive +46

Source

Read the original at Financial Express

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