Ministry of Mines issues guidelines for Rs 1,500 crore critical mineral recycling incentive scheme
(source : ANI) ( Photo Credit : ani)
New Delhi, India – The Indian government has moved a major step toward boosting its critical‑mineral recycling industry. On September 9, the Union Cabinet approved a Rs 1,500 crore incentive plan, and on October 2 the Ministry of Mines released the full scheme guidelines so companies can apply.
The guidelines spell out how the incentive will work: they list the budget, describe how projects will be evaluated, explain how funds will be paid, and set up an institutional framework to manage the process. The rules were finalized after talks with industry leaders and other stakeholders.
Why this matters. India’s National Critical Mineral Mission wants to build a domestic supply of minerals like lithium, cobalt, and rare earths. Recycling e‑waste and spent lithium‑ion batteries (LiBs) is a key part of that goal. The incentive targets both large, established recyclers and newer, smaller operators—including start‑ups.
The scheme covers new plants as well as expansion or modernisation of existing ones, but only for the part of the chain that actually extracts the critical minerals. Projects that only produce “black mass” – the concentrated residue – are not eligible.
Applications open on October 2 and will be accepted for six months. The Ministry of Mines has put the guidelines and the online form on its website, so companies can start the application process right away.
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