Alchemy plant to use innovative methodology for processing e-waste
The Technology Development Board has signed a second agreement under the initiative Technology intervention towards ‘Garbage Free Cities’ under which proposed recoveries would include precious metals like Gold, Silver, Palladium, Platinum and Rhodium.
The agreement with Alchemy Recyclers Private Limited, Gujarat, is for the development of an Integrated Plant for the Recovery of Precious Metals from E-waste, Jewellers Waste and Automobile Catalyst Waste’.
The board has agreed to provide a support of Rs.1.14 crores out of the total project cost of Rs.1.90 crores.
The Technology intervention call is aimed at encouraging proposals that will not only eliminate waste from Indian cities but also utilize technological interventions to generate wealth from waste.
Announcing the agreement on 7 Aug, TDB Secretary Rajesh Kumar Pathak said, “Technology intervention towards “Garbage Free Cities” call for proposals received an overwhelming response from Indian companies across the country.
“The enthusiasm and interest shown by these companies demonstrate their commitment towards creating a cleaner and more sustainable future. The board received a wide range of innovative and indigenous technologies at the commercialization stage in the waste management domain. These technologies have the potential to revolutionize the way we handle waste and contribute towards achieving the vision of a garbage-free India.”
The company has developed an integrated plant for the recovery of precious metals from e-waste, jewellery waste, and car catalyst waste using their innovative methodology for processing. When e-waste, jewellery waste, and car catalyst waste are mixed in a unique ratio or combination, the recovery ratio goes up significantly. Also, certain impurities act as flux, aiding in the recovery process.
This innovative methodology not only enhances the recovery ratio of precious metals but also offers a sustainable solution for waste management. By efficiently extracting valuable metals from these three types of waste, it reduces the environmental impact associated with traditional mining practices.
Moreover, the utilization of impurities as a flux not only improves the recovery process but also minimizes the need for additional chemicals, making it a cost-effective and environmentally friendly approach.
Electronic waste trade is primarily managed through informal channels, causing environmental hazards, government taxes and resource depletion. Projects aim to mitigate this issue and promote circular economy models for efficient and cost-effective waste collection. The proposed processing capacity is 750 TPA, accounting for 0.0187% of the Indian market.
Taking inspiration from the Swachh Bharat Mission: Urban 2.0 aimed to make all Indian cities free from garbage and emphasizes on cleanliness, the TDB invited applications from Indian companies having innovative indigenous technologies at the commercialization stage in the waste management domain, Ministry of Science and Technology said. Fiinews.com
