EcoNiLi Battery Group

Founded in 2021 and based in Malaysia, EcoNiLi Battery Group specializes in lithium-ion battery and solar panel recycling. Operating four facilities across Malaysia, Indonesia, and Spain, they process 86,000 metric tons annually using hydrometallurgical technology to recover valuable metals. Their solar-powered operations reduce carbon emissions by 45%, promoting sustainability in the circular economy.

Company Location

Country:

Malaysia

City:

Kuala Lumpur

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Company Overview

EcoNiLi Battery Group, founded in 2021 and based in Kuala Lumpur, Malaysia, specializes in closed-loop recycling of lithium-ion batteries and solar panels. Operating four advanced facilities across Malaysia, Indonesia, and Spain with a combined 86,000 metric ton annual processing capacity, the company reclaims valuable metals from spent batteries, promoting environmental stewardship and the circular economy.

Battery Technology

EcoNiLi’s core technology uses hydrometallurgical processing to extract metals from spent lithium-ion batteries, producing black mass rich in lithium, nickel, and cobalt. This is refined into industrial-grade lithium carbonate and cobalt/nickel electrolytes. The company offers CE-certified recycling equipment for batteries of all sizes, minimizing waste and maximizing recovery. Integrated solar power reduces operational carbon emissions by 45%.

Products

Industrial-grade lithium carbonate and cobalt/nickel electrolyte products derived from recycled black mass; CE-certified battery recycling equipment designed for safe, efficient processing of batteries of all sizes.

Recent Projects

2024: Opened a 45,000-metric-ton capacity recycling facility in Alicante, Spain with research labs and offices (full capacity by 2025). April 2024: Launched solar panel recycling program in Malaysia. Developing a 24,000-ton annual capacity battery recycling plant in Perak, Malaysia.

Investors

The company is self-funded, having invested RM80M in a third Malaysian recycling facility and RM50M in a Perak plant. No external venture capital or institutional investors reported as of 2025; maintains a strategic collaboration with Bateriku without direct financial investment.

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