Recovering Critical Minerals from Mining Tailings
COAL & MINING

Recovering Critical Minerals from Mining Tailings

The Union Cabinet approved the National Critical Mineral Mission (NCMM) on January 29, 2025, with a budget allocation of Rs 163 billion for seven years, spanning from FY 2024-25 to 2030-31. The initiative focuses on ensuring a sustainable supply of critical minerals and strengthening India’s critical mineral value chains, covering exploration, mining, beneficiation, processing, and recovery from end-of-life products.

A key aspect of the mission is the promotion of advanced technologies to recover critical minerals from industrial waste such as tailings, overburden, fly ash, and red mud. To support this, the government has allocated Rs 1 billion for pilot projects aimed at developing novel mineral recovery methods. These projects will be implemented through collaborations between industry, academia, and research institutions.

Additionally, the mission emphasizes research and development (R&D) in mining and metallurgy. The Ministry of Mines has been actively fostering innovation by funding startups, MSMEs, and individual innovators through the Science & Technology-Promotion of Research and Innovation in Start-ups and MSMEs (S&T-PRISM) initiative. This support aims to facilitate the development of indigenous technologies for processing and extracting critical minerals.

As part of the Union Budget 2025-26, the government has eliminated customs duty on waste and scrap of critical minerals. This measure is expected to enhance the recycling sector by reducing costs for secondary producers, creating a competitive environment for Indian businesses against international counterparts, and boosting exports of secondary and downstream products.

The NCMM also includes a provision of Rs 15 billion to incentivise the establishment of recycling facilities. These incentives aim to expand domestic recycling capabilities and reduce dependency on imported raw materials, reinforcing India’s position in the global critical minerals market.

News source: PIB

The Union Cabinet approved the National Critical Mineral Mission (NCMM) on January 29, 2025, with a budget allocation of Rs 163 billion for seven years, spanning from FY 2024-25 to 2030-31. The initiative focuses on ensuring a sustainable supply of critical minerals and strengthening India’s critical mineral value chains, covering exploration, mining, beneficiation, processing, and recovery from end-of-life products. A key aspect of the mission is the promotion of advanced technologies to recover critical minerals from industrial waste such as tailings, overburden, fly ash, and red mud. To support this, the government has allocated Rs 1 billion for pilot projects aimed at developing novel mineral recovery methods. These projects will be implemented through collaborations between industry, academia, and research institutions. Additionally, the mission emphasizes research and development (R&D) in mining and metallurgy. The Ministry of Mines has been actively fostering innovation by funding startups, MSMEs, and individual innovators through the Science & Technology-Promotion of Research and Innovation in Start-ups and MSMEs (S&T-PRISM) initiative. This support aims to facilitate the development of indigenous technologies for processing and extracting critical minerals. As part of the Union Budget 2025-26, the government has eliminated customs duty on waste and scrap of critical minerals. This measure is expected to enhance the recycling sector by reducing costs for secondary producers, creating a competitive environment for Indian businesses against international counterparts, and boosting exports of secondary and downstream products. The NCMM also includes a provision of Rs 15 billion to incentivise the establishment of recycling facilities. These incentives aim to expand domestic recycling capabilities and reduce dependency on imported raw materials, reinforcing India’s position in the global critical minerals market. News source: PIB

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Urban

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement