The move enables India-made battery-grade aluminum foil at scale to support domestic Lithium-ion battery production
Kolkata, 5th, October 2023: Shyam Metalics and Energy Limited, the manufacturer and seller of the iconic S-E-L Tiger TMT Re-Bars, announced its entry into the energy storage sector with battery-grade aluminum foil, a critical component in Lithium-ion cells.
Headquartered in Kolkata, Shyam Metalics is at the forefront of integrated metal production and is poised to become a pivotal domestic contributor to the Indian government’s AatmaNirbhar Bharat initiative in the battery energy storage sector.
An industry trailblazer, Shyam Metalics is renowned for revolutionizing the construction industry with its cutting-edge S-E-L Tiger TMT Re-Bar and is a major producer and exporter of aluminum foil for diverse industrial applications. With an impressive annual production capacity of 20,000 tons, Shyam Metalics is primed to enable India to secure a substantial share of raw materials in the global Lithium-ion cell market, projected to reach a capacity of 6500GWh/year by 2030.
The production of 1GWh (Gigawatt-hour) of LFP (Lithium Iron Phosphate) cells, which power an extensive range of electric vehicles and energy storage systems, necessitates 350 tons of high-purity and uniform-thickness aluminum foil, serving as a positive (cathode) current collector. This demand doubles for sodium-ion batteries, where both positive and negative current collectors are expected to use aluminum foils
Shyam Metalics offers customized battery aluminum foil with thickness ranging from 12-micron to 20-micron, rigorously tested and validated by third-party laboratories. Furthermore, the company boasts state-of-the-art German equipment capable of manufacturing aluminum foils as thin as 6-micron, ideally suited for future requirements in tandem with evolving Lithium-ion cell technologies, enhancing the cell’s gravimetric energy density (amount of energy contained per unit weight of the cell expressed in terms of Watt-hour/Kilogram).
The cutting-edge S-E-L Tiger TMT Re-Bar has been revolutionizing the construction industry with its exceptional cement bonding capabilities. Available in sizes ranging from 5.5/6 mm to 32 mm, these Re-Bars ensure defect-free work, smoother surface conditions and reduced thermal conductivity, making them the preferred choice for residential, commercial and industrial projects. Crafted with meticulous attention to detail, the S-E-L TIGER TMT Re-Bars showcase exceptional strength, durability and reliability. Designed to meet the diverse needs of builders and construction professionals, S-E-L Tiger TMT bars offer unparalleled performance, ensuring the creation of robust and enduring structures.
About Shyam Metalics & Energy Limited
Shyam Metalics is a leading integrated metal-producing company based in India primarily in the steel industry in West Bengal and Odisha with a focus on long steel products and ferro alloys. The company was listed on the exchanges in 2021 and possesses a market capitalization of Rs 7,684 CR. Headquartered in Kolkata, West Bengal, the company is amongst the largest producers of ferroalloys in terms of installed capacity in India (Source: CRISIL Report). The company can sell intermediate and final products across the steel value chain. Shyam Metalics is one of the leading players in terms of pellet capacity and the fourth largest player in the sponge iron industry in terms of sponge iron capacity in India (Source: CRISIL Report).
No comments:
Post a Comment