New Delhi, July 19 -- BatX Energies has entered into a Memorandum of Understanding with Germany-based Rocklink GmbH to develop India's inaugural integrated ecosystem for rare earth magnet recycling and refining.

The collaboration seeks to leverage BatX's operational capabilities alongside Rocklink's specialised knowledge in critical materials recovery.

The partnership operates within the framework of the European Union-India Trade and Technology Council (TTC), which facilitates cooperation in sustainable technology development, critical minerals management, and industrial resilience enhancement.

The two companies have previously established India's first lithium-ion battery and permanent magnet recycling cluster in Sikandrabad, Uttar P...