Cabinet approves Rs 1,500 crore sops for critical mineral recycling
The cabinet committee on economic affairs approved a Rs 1,500 crore incentive scheme for recycling critical minerals over six years (FY26 to FY31). An official statement said eligible feedstock is e-waste, Lithium Ion Battery (LIB) scrap, and scrap in end-of-life vehicles.
“Incentives will be provided for the recycling value chain, which is involved in actual extraction of critical minerals, and not the value chain involved in only black mass production,” the statement added.
