Centre approves 58 companies under critical mineral recycling scheme

The Mines Ministry has approved 58 companies for participation under the incentive scheme for promotion of critical mineral recycling. The Rs 1,500 crore scheme is under the National Critical Mineral Mission.

It aims to develop domestic recycling capacity for critical minerals from lithium-ion batteries, e-waste, and industrial scrap—thereby reducing import dependence and supporting clean energy and advanced manufacturing sectors, an official statement said.

The participants have pledged capacity of about 850 thousand tonnes per annum and pledged investment of about Rs 5,000 crore, the statement added.


Selected companies represent key segments such as battery recycling, e-waste processing, and recovery from other waste. The next stage of the scheme is project execution, where capacity development and commencement of production from the eligible entities will be considered for financial support.