India, Oct. 29 -- On September 3, the Union Cabinet approved a Rs.1,500 crore scheme to promote critical mineral recycling after several rounds of consultations with industry and other stakeholders. With a tenure from FY 2025-26 to FY 2030-31, the initiative aims to cover all designated critical minerals from e-waste, scraps of lithium-ion battery (LIB) and catalytic converters from end-of-life vehicles. On October 2, the ministry of mines (MOM) released guidelines for implementing the scheme, with applications open until April 2026. The approved scheme is part of the National Critical Mineral Mission, aiming for self-reliance by enhancing the technological, regulatory, and financial ecosystems across critical mineral supply chains.

The ...