**Summary of India's Incentive Scheme for Promotion of Critical Mineral Recycling**
**Overview**
The Ministry of Mines has reached a significant milestone in strengthening India’s critical mineral security by approving 58 companies for the "Incentive Scheme for Promotion of Critical Mineral Recycling." This initiative, under the National Critical Mineral Mission, aims to foster a circular economy, reduce import dependence, and support the clean energy and advanced manufacturing sectors.
**Scheme Objectives and Scope**
Notified on October 2, 2025, the scheme is designed to enhance domestic recycling capacity for critical minerals derived from:
* Lithium-ion batteries
* Electronic waste (e-waste)
* Industrial scrap
**Key Metrics and Financial Data**
* **Total Scheme Outlay:** ₹1,500 crore.
* **Total Pledged Investment:** Approximately ₹5,000 crore from selected entities.
* **Pledged Recycling Capacity:** Approximately 850 KTPA (Kilo Tonnes Per Annum).
* **Total Eligible Entities:** 58 companies (comprising 20 cleared on March 30, 2026, and 38 cleared on April 29, 2026).
**Implementation and Evaluation**
The application window for the scheme was open from October 2, 2025, to April 1, 2026. Proposals were evaluated by the Project Management Agency (PMA), the Jawaharlal Nehru Aluminium Research Development and Design Centre, in accordance with operational guidelines. Final approvals were granted by the Executive Committee (EC).
**Next Steps**
The scheme is now entering the project execution phase. Eligible entities will receive financial support upon the development of capacity and the commencement of production. This phase focuses on building a robust recycling ecosystem for battery recycling, e-waste processing, and mineral recovery from other waste streams.
**Administrative Information**
* **Issuing Authority:** Ministry of Mines (PIB Delhi)
* **Date of Release:** April 30, 2026
* **Official Representative:** Prajith Kumar MV
* **Release ID:** 2256977
Key Entities Referenced
Incentive Scheme for Promotion of Critical Mineral Recycling: A ₹1,500 crore scheme aimed at developing domestic recycling capacity for critical minerals from lithium-ion batteries, e-waste, and industrial scrap.
National Critical Mineral Mission: The overarching national mission providing the framework and financial outlay for the critical mineral recycling incentive scheme.
Ministry of Mines: The primary government ministry responsible for strengthening India's critical mineral security and overseeing the eligibility assessment of recycling projects.
Jawaharlal Nehru Aluminium Research Development and Design Centre: The designated Project Management Agency (PMA) responsible for evaluating technical and financial proposals under the recycling scheme.
Ministry of Mines
India Advances Critical Mineral Security: 58
Companies Eligible for Recycling Scheme
Posted On: 30 APR 2026 5:03PM by PIB Delhi
In a major step towards strengthening India’s critical mineral security and promoting a circular economy,
the Ministry of Mines has completed the eligibility assessment under the Incentive Scheme for Promotion
of Critical Mineral Recycling, with 58 companies approved as eligible for participation.
The Scheme, with a total outlay of ₹1,500 crore under the National Critical Mineral Mission, was notified
on 2nd October 2025, along with the issuance of detailed operational guidelines. It aims to develop
domestic recycling capacity for critical minerals from lithium-ion batteries, e-waste, and industrial scrap
—thereby reducing import dependence and supporting clean energy and advanced manufacturing sectors.
The application window, open from 2nd October 2025 to 1st April 2026, saw robust response from
industry stakeholders. Proposals were subsequently evaluated by the Project Management Agency (PMA),
Jawaharlal Nehru Aluminium Research Development and Design Centre, in accordance with the Scheme
guidelines.
Based on these evaluations, the Executive Committee (EC) has approved 58 entities as eligible for
participation, 20 entities cleared on 30.03.2026 and 38 entities cleared during its meeting held on
29.04.2026. With a pledged capacity of about 850 KTPA and pledged investment of about ₹5,000 crore,
the selected companies represent key segments such as battery recycling, e-waste processing, and recovery
from other waste — reflecting strong industry interest and momentum in building India’s critical mineral
recycling ecosystem.
The next stage of the Scheme is project execution, where capacity development and commencement of
production from the eligible entities will be considered for financial support under the Scheme.
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Prajith Kumar MV
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