
What LICOMAT does
Founded in 2021, LICOMAT operates in Clean Tech offering recycling and repurposing services for lithium-ion batteries to support a sustainable circular economy. The company focuses on recovering critical materials such as cobalt, manganese, and nickel, allowing these resources to be reused by battery manufacturers. Additionally, LICOMAT produces repurposed energy storage systems for two, three, and four-wheeled vehicles as a second life solution for batteries. With a recycling facility in Karnataka, India, LICOMAT has a current capacity of 17,500 tons and plans to expand to 44,000 tons by 2027.
Who runs it
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Company facts compiled from public sources and last refreshed 9 September 2026. Details change; treat the company’s own site as the authority.