India Advances Critical Mineral Security: 58 Companies Eligible for Recycling Scheme

In a significant move to bolster supply security and accelerate a circular economy, the Ministry of Mines has completed eligibility screening for its incentive programme on critical mineral recycling, clearing 58 companies to participate.

The scheme—backed by a ₹1,500 crore outlay under the National Critical Mineral Mission—was notified on October 2, 2025, alongside detailed operational guidelines. It is designed to build domestic recycling capacity for key materials recovered from lithium-ion batteries, electronic waste and industrial scrap, helping curb import dependence while supporting clean energy and advanced manufacturing.

Applications were invited between October 2, 2025 and April 1, 2026, drawing strong industry interest. Submissions were evaluated by the Project Management Agency at the Jawaharlal Nehru Aluminium Research Development and Design Centre, in line with prescribed criteria.

Following the review, the Executive Committee approved 58 entities in two tranches—20 on March 30, 2026, and 38 on April 29, 2026. Together, these firms have committed an estimated 850 KTPA of recycling capacity and investments of around ₹5,000 crore. The selected participants span battery recycling, e-waste processing and recovery from other waste streams, indicating growing momentum in India’s critical minerals ecosystem.

The programme now moves into the implementation phase, where approved projects will be assessed for financial support based on capacity creation and the start of operations.