India’s top zinc manufacturer is focusing on creating zinc-based batteries as an eco-friendly substitute for lithium-ion, utilizing local resources and advantages for the environment.
Hindustan Zinc Limited, a prominent producer of zinc and silver, has unveiled its strategy to investigate the potential of zinc in battery applications. This move aligns with their commitment to support the global shift towards clean energy technologies and the broader energy transition.
Zinc-based batteries are proposed as a viable alternative to lithium-ion batteries, offering benefits in terms of stability, safety, and cost-effectiveness. Notably, zinc is more readily available in India than lithium, which is primarily imported, highlighting a strategic advantage for domestic production.
The company’s CEO, Arun Misra, emphasized their dedication to facilitating the global energy transition with renewable energy solutions. He announced a prospective collaboration with Aesir Tech, a U.S.-based pioneer in zinc battery technology, and outlined plans to initiate research partnerships with Indian academic bodies.
Referencing a Bloomberg NEF report, the company projects substantial expansion in the global energy storage market, expected to hit 442 GWh by 2030. Hindustan Zinc plans to tap into this growth using its substantial zinc resources and technical know-how.
The discussion also covered various zinc-based battery technologies, such as zinc-manganese, zinc-ion, nickel-zinc, and zinc-air. These batteries are touted for their flexibility, longevity, high energy density, and ability to operate across a broad temperature spectrum.
Hindustan Zinc further underscores the ecological benefits of zinc-based batteries, noting their recyclability, use of non-toxic materials, and reduced greenhouse gas emissions compared to other battery technologies.
With these initiatives, Hindustan Zinc positions itself as a key player in the sustainable energy sector, aiming to significantly impact the value chain of zinc-based battery technology. This effort is part of the company’s larger strategy to foster the development of clean technologies and address the growing demand for alternative energy solutions.
