Centre Launches Rs 15 Bn Scheme for Mineral Recycling
ECONOMY & POLICY

Centre Launches Rs 15 Bn Scheme for Mineral Recycling

The Ministry of Mines has released detailed guidelines for the Critical Mineral Recycling Incentive Scheme under the National Critical Minerals Mission. With a total outlay of Rs 1,485 crore, the scheme aims to promote recovery of key materials such as lithium, cobalt, nickel, rare earth elements, and platinum group metals from e-waste, spent batteries, magnets, catalytic converters, and alloy scraps.

Beneficiaries will include recyclers of secondary products, classified into Group A and Group B based on their global revenues. Group A covers large recyclers with at least Rs 200 crore in annual turnover and investment of Rs 100 crore for facilities with a capacity of 10,000 tonnes per year. Group B includes smaller players and startups with lower revenue thresholds and a minimum investment of Rs 25 crore for 5,000 tonnes capacity.

Out of the total fund, Rs 700 crore has been earmarked for lithium-ion battery recycling, Rs 650 crore for e-waste, and Rs 135 crore for other waste streams. Group A and B recyclers will be eligible for incentives up to Rs 50 crore and Rs 25 crore respectively, provided through capital and operational expenditure support.

The initiative is aimed at enhancing India’s supply security of critical minerals, fostering innovation, and positioning the country as a global hub for sustainable recycling and circular economy solutions.

The Ministry of Mines has released detailed guidelines for the Critical Mineral Recycling Incentive Scheme under the National Critical Minerals Mission. With a total outlay of Rs 1,485 crore, the scheme aims to promote recovery of key materials such as lithium, cobalt, nickel, rare earth elements, and platinum group metals from e-waste, spent batteries, magnets, catalytic converters, and alloy scraps.Beneficiaries will include recyclers of secondary products, classified into Group A and Group B based on their global revenues. Group A covers large recyclers with at least Rs 200 crore in annual turnover and investment of Rs 100 crore for facilities with a capacity of 10,000 tonnes per year. Group B includes smaller players and startups with lower revenue thresholds and a minimum investment of Rs 25 crore for 5,000 tonnes capacity.Out of the total fund, Rs 700 crore has been earmarked for lithium-ion battery recycling, Rs 650 crore for e-waste, and Rs 135 crore for other waste streams. Group A and B recyclers will be eligible for incentives up to Rs 50 crore and Rs 25 crore respectively, provided through capital and operational expenditure support.The initiative is aimed at enhancing India’s supply security of critical minerals, fostering innovation, and positioning the country as a global hub for sustainable recycling and circular economy solutions.

Next Story
Infrastructure Urban

REC Launches Rs 50.71 Mn Mobile Medical Units in Rajasthan

In a bid to make quality healthcare accessible to remote and underserved communities, REC has extended financial support of Rs 50.71 million under its CSR initiative to the Indian Red Cross Society, Alwar, for operating five Mobile Medical Units (MMUs) over the next three years.The MMUs were flagged off on October 5, 2025, by Bhupender Yadav, Hon’ble Union Minister of Environment, Forest & Climate Change, and Sanjay Sharma, Minister of Environment, Forest & Climate Change and Science & Technology, Government of Rajasthan.The event was attended by members of the REC CSR team, M L ..

Next Story
Products

Utility-Scale Inverter

Polycab’s UT 1500V Series (350kW) three-phase string inverter features 15/12 MPPTs, supports bifacial 182mm/210mm modules, includes optional Anti-PID and PID-recovery, operates in -35°C to +60°C, and ensures high efficiency, safety, and cost-effective utility-scale PV performance.Contact: PolycabWebsite: https://polycab.com/ ..

Next Story
Resources

Shyam Metalics CMD Brij Bhushan Agarwal Elected ICC President

Brij Bhushan Agarwal, Chairman and Managing Director of Shyam Metalics, has been elected President of the Indian Chamber of Commerce (ICC), after serving as Senior Vice President. Agarwal brings decades of experience in the metals and mining sector and has guided Shyam Metalics into a leading integrated metal producer with strong steel, ferro alloys, and aluminum operations. He has also been active in social initiatives spanning education, healthcare, rural development, and skill enhancement. As ICC President, he aims to strengthen the Chamber’s role in supporting sustainable growt..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?