In a major step to strengthen India’s critical mineral security and build a circular economy, the Ministry of Mines has completed the eligibility assessment under the Incentive Scheme for Promotion of Critical Mineral Recycling, approving 58 companies for participation. Notified on 2 October 2025 under the National Critical Mineral Mission with a total outlay of ₹1,500 crore, the Scheme aims to develop domestic recycling capacity for critical minerals recovered from lithium-ion batteries, e-waste and industrial scrap — reducing import dependence while supporting clean energy and advanced manufacturing.
This article explains the structure and objectives of the Critical Mineral Recycling Incentive Scheme, the evaluation and approval process led by the Project Management Agency, and what the pledged capacity of about 850 KTPA and pledged investment of about ₹5,000 crore mean for India’s battery recycling, e-waste processing and mineral recovery ecosystem. Whether you follow clean energy policy, manufacturing, mining, sustainability or government incentive schemes, this guide offers a clear and practical understanding of this milestone in India’s critical mineral strategy.
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Date of post: 20.08.2026
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INDIA ADVANCES CRITICAL MINERAL SECURITY