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Mines Ministry Clears 58 Firms for Mineral Recycling

  • 02 May 2026

In April 2026, the Ministry of Mines approved 58 companies under its incentive scheme to boost domestic recycling of critical minerals.

Key Points

Scheme Objective

  • Strengthen supply security of critical minerals.
  • Promote recycling from lithium-ion batteries, e-waste, and industrial scrap.

Mission Framework

  • Part of National Critical Mineral Mission.
  • Total scheme outlay: Rs.1,500 crore.

Implementation Timeline

  • Scheme notified in October 2025.
  • Application window closed on April 1, 2026.

Evaluation Process

  • Assessed by Jawaharlal Nehru Aluminium Research Development and Design Centre.

Industry Commitment

  • Combined recycling capacity: ~850 KTPA.
  • Total pledged investment: ~Rs. 5,000 crore.

Key Sectors Covered

  • Battery recycling.
  • E-waste processing
  • Industrial waste material recovery.

Strategic Importance

  • Reduces import dependence for critical minerals.
  • Supports clean energy transition and advanced manufacturing.