New Delhi, 11th November 2024: Nupur Recyclers Limited (NSE: NRL), a leading player in the recycling and processing of non-ferrous metal scraps announces its upcoming expansion into processing various metal scraps and Planning recycling lithium-ion batteries, in line with the increasing demand for sustainable and eco-friendly industrial solutions. The company’s strategic decision to diversify its operations reflects NRL’s commitment to meeting the evolving needs of the market while promoting environmental responsibility.

As part of this expansion initiative, NRL is planning to establish a new state-of-the-art plant by 2027 dedicated to processing metal scraps and recycling lithium-ion batteries. This expansion not only aims to enhance NRL’s production capabilities but also anticipates a significant boost in the company’s revenue. The company’s focus on Non-ferrous metals scrap and planning lithium-ion battery scrap is a strategic move, likely to cater to the rising demand for recycling in the electric vehicle (EV).

“We are thrilled to embark on this new journey towards further sustainability and innovation,” said Rajesh Gupta, Managing Director of Nupur Recyclers Limited “Our investment in the processing of metal scraps and planning lithium-ion battery recycling underscores our dedication to providing eco-friendly solutions while adapting to the changing landscape of the industry.”

NRL’s expansion into these sectors is poised to not only benefit the company but also contribute to the promotion of a greener and more sustainable industrial ecosystem.