Progress of New Battery Separator Projects at Sinoma Science&Technology

India’s Union Cabinet on November 4 approved a "Capex Support Scheme to Promote Critical Mineral Processing" worth INR 28.14 billion (about US$297 million), running from FY2026-27 to FY2030-31. The scheme will back two lithium plants with at least 30,000 tonnes of capacity each and two nickel plants with at least 50,000 tonnes each, all turning ores and intermediates into high-purity compounds. Cobalt will be recovered as a by-product of nickel processing. The subsidy covers 30% of eligible investment, capped at INR 5 billion per lithium project and INR 9 billion per nickel project. Beneficiaries will be chosen through technical evaluation followed by competitive bidding. The government said the plants will serve e-mobility, battery storage, electronics, defence and specialty steel, as concentrated critical mineral mining leaves supply chains exposed.

Recently, the Yibin Municipal Ecology and Environment Bureau of Sichuan Province issued a public notice on the approval decisions for environmental impact assessment documents of construction projects, granting approval for the Environmental Impact Report of the 30,000 mt/year High-Compaction Density LFP Project by Yibin Tianyuan Lithium Battery New Materials Co., Ltd. The notice period runs from November 2 to November 11, 2026. The approval states that after fully implementing the environmental protection measures proposed in the EIA documents, the adverse environmental impacts of the project can be mitigated, and approval is granted in principle for Yibin Tianyuan Lithium Battery New Materials Co., Ltd. to proceed with construction in accordance with the nature, scale, location, processes, and environmental protection measures specified in the report.