Sorry for spamming this here :
Battery bets :
- Key Ingredient – Tata Chemical (Soda Ash)
- HSCL : Lithium Ion Battery components
- Electrolyte Salts – GFL, Neogen, Tatva Chintan
- Electrolyte Additive – AMI Organics, Aether Industries
Ami Organics has a dedicated plant for Electrolyte Additive with current capacity of : 500 TPA
- Electrolyte additive niche market
- Secondly the additive needs to have a high purity
- Asset turnover will be high
- 9 customer has approved : out of which 3 Korean client which is contributing 50%-80%
- Electrolyte additive industry size is roughly about 200000 MT market size
- Gross margin for electrolyte additive will be 48-52%
- EBITDA 25%
- One needs to know what is IRA and potential benefit to India :
New IRA guidance limits battery components made in China | Manufacturing Dive.
- Electrolyte is a Monopoly but Aether getting into this, can be regarded as duopoly.
@Worldlywiseinvestors : I dont know if you know about IRA and the above.
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