MPL is venturing into EV eco-system envisioned by our Honorable Prime Minister and intends to set up a Lithium Refinery in India. The Project is expected to cost about USD 300 million, with schedule of commissioning by 2024- 25. The Plant incorporates innovative technologies and processes to leverage its capacity to produce the highest quality battery grade lithium hydroxide. The high quality spodumene concentrate will be sourced across the world and locally sourced reagents would be used to produce battery grade lithium hydroxide in India.