Attero Bets Big On Rare Earths: ₹2,000 Crore Expansion Over Three Years

Expansion Blueprint  
Attero plans to significantly enhance its rare earth element (REE) recycling capacity, scaling from 300 tonnes to 30,000 tonnes annually. The initiative includes new e‑waste recycling plants in Pune, Bengaluru, and Faridabad, a copper recycling unit in Rajasthan, and an upgraded R&D Centre of Excellence in Greater Noida. The expansion aligns with India’s National Critical Mineral Mission, which aims to secure domestic supply chains for electronics, renewable energy, and defence.  

Major takeaways  
• Attero to invest ₹2,000 crore over three years in rare earth and e‑waste recycling  
• Rare earth recycling capacity to scale from 300 tonnes to 30,000 tonnes annually  
• New facilities planned in Pune, Bengaluru, Faridabad, and Rajasthan, plus R&D upgrades in Greater Noida  
• Expansion supports India’s National Critical Mineral Mission and tighter Extended Producer Responsibility (EPR) norms  
• Attero already processes over 150,000 tonnes of e‑waste annually and holds 30% of India’s formal recycling market  

Impact  
This expansion positions Attero as a global leader in urban mining and rare earth recycling. By strengthening domestic supply chains, the company will reduce India’s dependence on imports, support clean energy and electronics manufacturing, and reinforce sustainability goals.  

Sources: CNBC TV18, YourStory, BusinessWorld, ETAuto, Manufacturing Today India