New Delhi: Centre cleared 58 companies under the critical mineral recycling scheme to strengthen domestic capacity and reduce import dependence.
The Ministry of Mines completed the eligibility assessment under the incentive programme. It selected firms to participate in building a recycling ecosystem for key minerals.
The scheme carries an outlay of ₹1,500 crore under the National Critical Mineral Mission. It aims to recover minerals from lithium-ion batteries, e-waste and industrial scrap.
Officials said the initiative will support clean energy and advanced manufacturing sectors. Moreover, it will help India reduce reliance on imported critical minerals.
The application process remained open from October 2, 2025 to April 1, 2026. Subsequently, the Project Management Agency evaluated proposals based on set guidelines.
Critical mineral recycling gains momentum with industry investment
The Executive Committee approved 20 firms on March 30, 2026. Later, it cleared 38 more companies during a meeting on April 29, 2026.
Together, the selected firms committed a recycling capacity of about 850 KTPA. In addition, they pledged investments of nearly ₹5,000 crore.
The companies represent sectors such as battery recycling, e-waste processing and material recovery. Therefore, officials said the response reflects strong industry interest.
The next phase will focus on project execution and capacity creation. Authorities will also extend financial support once production begins under the scheme.
Officials said the critical mineral recycling programme will play a key role in building a circular economy. It will also strengthen long-term resource security for the country.
