Manjusar, Savli, Vadodara, Gujarat

About us

Turning Gujarat’s urban mine into value.

Alchemy Recyclers Private Limited recovers and recycles precious metals from electronic waste and from other precious-metal-bearing waste: jewellery industry waste, spent catalysts and plating waste.

Urban mine & envisioned project

E-waste is 40 to 50 times richer than ore.

One tonne of gold ore yields about 5 grams of gold. One tonne of phone circuit boards yields about 150 grams, 30 times as much. Urban mining is the chance to reclaim precious metals and rare earth elements used in high-end mobile and communication devices.

This is why scrap electronics are called the “urban mine”: the concentration of metal is many times higher than in ore from the earth’s crust.

Gold-plated components on an old telecom circuit board

Reinventing the RRR standard

Reclamation, Recovery & Refining

Gold, silver, palladium, platinum and rhodium are the five major precious metals found in electronic and jewellers’ waste. Recovering them is the heart of our project.

Reclamation

Identifying the key raw material in every waste stream so nothing valuable is missed.

Recovery

Sorting and segregating items into individual lots and treating each batch on its own.

Refining

Thermal reduction and solvent extraction to produce a clean, well-characterised metal commodity.

Green technology, process & people

Engineers with two decades in the scrap trade.

Alchemy was formed by techno-commercial entrepreneurs with more than 20 years of experience in the electronic and electrical scrap industry. We are electrical engineers by profession.

We have adapted our technology to Indian raw materials, with equipment sourced from overseas. We use solvent extraction for surface-plated items, and thermal reduction plus solvent extraction for embedded parts like processors and integrated chips.

Our thermal reduction and pollution control systems are engineered to run efficiently even at low volumes, meeting the current and emerging needs of the waste processing industry.

How our process works
20+
Years of combined experience in electronic & electrical scrap
6
Metals recovered: Au, Ag, Pt, Pd, Rh, Cu
1100 °C
Afterburner temperature to fully combust exhaust
7
Types of recyclable materials processed

Leadership

Champions of the circular economy

Sagar Upadhyay, Director of Alchemy Recyclers

Sagar Upadhyay

Director

Mr Sagar Upadhyay holds a Bachelor of Engineering in Electronics and Telecommunication and has years of experience in e-waste management and recycling. He is passionate about bringing the informal scrap supply chain into the formal recycling ecosystem.

He has hands-on experience in e-waste procurement, marketing, operations, metal recycling, compliance and reverse logistics. His engineering background and recycling experience help him drive digital change for informal enterprises and build a strong network across the recycling trade.

Let’s recover the value in your waste.

Tell us what you have and roughly how much. We will get back to you with the next steps and a quote.