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Government of India
SCHEME GUIDELINES
for
CRITICAL MINERAL
RECYCLING |
INCENTIVE SCHEME |
Notified vide gazette notification No. CG-DL-E-08092025-266005
Dated September 8, 2025
GOVERNMENT OF INDIA
MINISTRY OF MINESoO ON DW oO KR WwW PDB AX
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Table of Contents
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Eligibility Conditions for INCENtiVES ...........cccccecscscsescsessscsescsetecssseseseseevavseseseeeses 8
Methodology for Capex and Opex Incentive Allocation ........c.ccccccccscscseecesseeeee 11
Application Procedure and evaluations ..........cccccccccesssseseeesesesescsssseavscseevseses 16
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Disbursement of Incentives
Related Party Transactions (RPT)
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Request for clarification ..........cccccccccscccsssscccscsescsessssesecsevsssvetitaesevavstsesevavevsesees 22
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Page 1 of 54Government of India
Ministry of Mines
Economic Section
Dated: 02.10.2025
Guidelines for Operation of the Incentive Scheme for Promotion of Critical
Minerals Recycling
Background
1.1 The incentive scheme for promotion of Critical Mineral Recycling (hereinafter
referred to as ‘Scheme’) was notified vide gazette notification no CG-DL-E-
08092025-266005 dated 08 September 2025.
1:2 In pursuance of para 10.6 of the said gazette notification, the scheme
guidelines are to be laid down for the effective operation and smooth
implementation of the Scheme.
1.3 The guidelines have been prepared after detailed consultation with industry
and other relevant stakeholders.
1.4 Any modifications or amendments to these Scheme guidelines shall be issued
by the Ministry of Mines, as deemed necessary
Definitions
2.1 Applicant: An applicant shall be either a company registered in Bharat under
the Companies Act, 2013 (erstwhile Companies Act, 1956) or a Limited
Liability Partnership (LLP) registered under Limited Liability Partnership Act,
2008. Such an applicant should be investing in the production of target
segment goods in Bharat and applying for the Scheme.
2.2 Application: Application means the form submitted by an applicant in the
prescribed format on the online portal, along with supporting documents and
application fee.
2.3 Application Window: It is the time period allowed for filing the application under
the scheme.
2.4 Base Year: For computation of turnover linked incentive for Opex subsidy, FY
2025-26 shall be the base year for the calculation of incremental sales.
2.5 Beneficial owner: For the purposes of this Scheme, “Beneficial Owner” shall
mean any individual, who, directly or indirectly, whether as a registered
member in the company’s records or otherwise, holds more than fifty percent
(50%) of the ownership interest, voting rights, or controlling interest in the
Page 2 of 54applicant entity or its subsidiaries/ SPVs. This definition shall include both (a)
registered members of the company as reflected in the register of members,
and (b) individuals or entities having ultimate beneficial interest as defined
under Section 89(10) and Section 90 of the Companies Act, 2013 and the
Companies (Significant Beneficial Owners) Rules, 2018.
2.6 Capital Expenditure/ Investment: The capital investment made by an applicant
as per clause 6.2 for recycling of critical minerals in Bharat.
2:1 Chartered Engineer (CE): An engineer with corporate membership of the
Institution of Engineers (India) and Chartered Engineer (India) certificate
issued by Institution of Engineers (India).
2.8 Commercial Production: It shall mean compliance with the following
milestones
2.8.1 The project has started the production of target critical minerals under
the scheme.
2.8.2 CE certifies the installed capacity and commencement of production
of target critical minerals for commercial use.
2.8.3. Statutory Auditor certifies the commencement of production for sale
and capitalisation of assets in books of accounts of applicant.
2.9 Competent Authority: Competent Authority under the scheme shall be as
defined in Clause 9.4 of the scheme guidelines.
2.10 Cumulative Investment: Investment made by an applicant from date of
Scheme Notification, duly verified by project management agency (PMA).
2.11 Date of Acknowledgement: The date on which acknowledgement is issued to
the applicant by the PMA after initial scrutiny of the application.
Acknowledgement of an application shall not be construed as being eligible
under the scheme.
2.12 Critical Minerals: Set of naturally occurring elements and compounds that
have diverse irreplaceable industrial applications but confront supply-related
vulnerabilities either in the form of their limited geographic occurrences or
sourcing challenges. For the purpose of this Scheme, only those minerals
specified in Annexure-1 shall be treated as “Critical Minerals” eligible for
incentive support.
2.13 Critical Mineral Recycling (CMR): CMR shall refer to the recycling of e-waste,
Lithium-lon Batteries (LIB) and other scrap (i.e., other than e-waste and LIB)
and production of Critical Minerals and their eligible compounds.
2.14 Financial Year: Financial Year (FY) begins on the 1st of April of a year and
ends on 31st March of the following year.
Page 3 of 542.15 Force Majeure: Extraordinary events or circumstances beyond human control
such as an event described as an act of god (like a natural calamity) or events
such as a war, strike, public health emergency, riots, crimes (but not including
negligence or wrong-doing, predictable/ seasonal rain and any other events
specifically excluded).
2.16 Governing Council (GC): Governing Council shall be an inter-ministerial
council under the chairmanship of Secretary, Ministry of Mines (MoM) as per
clause 9.3.
2.17 Group Company/ Companies: As per FDI policy circular of 2020, Group
company/ companies shall mean two or more enterprises which, directly or
indirectly, are in position to:
2.17.1 Exercise twenty-six percent (26%) Or more voting rights in other
enterprise; or
2.17.2 Appoint more than fifty percent (50%) of members of board directors
in the other enterprise.
2.18 Extractive Metallurgy: It shall be referred to the Critical Mineral Recycling
using technologies such as Pyro Metallurgy, Hydro Metallurgy etc.
2.19 Self-Reliant: It refers to the critical mineral production which are domestically
manufactured either by the applicant or by any other domestic manufacturer
from whom the applicant procures.
2.20 Manufacturing: According to Central Goods and Service Tax (CGST) Act,
2017, manufacturing shall mean processing of raw material or input in any
manner that results in the emergence of a new product having a distinct name,
character and use. The term "manufacturer" shall be construed accordingly.
2.21 Net Incremental Sales: It is the difference between net sales of critical
minerals produced in the incentive claim period and the base year.
2.22 Net Sales: Sales, net of credit notes (raised for any purpose), discounts
(including but not limited to cash, volume, turnover, target or for any other
purpose), any other adjustments/refunds to customers against sales
consideration, applicable taxes, pertaining to advertisement and sales
promotion, and brand royalty.
2.23 Project/Unit: A project/ unit shall be a recycling unit(s), which an applicant
intends to manufacture the target critical minerals under the scheme. It can be
a greenfield project i.e. a new business unit or brownfield project i.e.
expansion of capacity/ modernization and/ or diversification of an existing unit.
2.24 Project Management Agency (PMA): Any entity appointed by MoM to act on
its behalf for purposes mentioned in clause 9.1.
Page 4 of 542.25 Promoter: The term promoter shall be construed as defined u/s section 2(69)
of Companies Act, 2013. The promoter means a person — (a) who has been
named as such in a prospectus or is identified by the company in the annual
return referred to in section 92 Companies Act (2013); or (b) who has control
over the affairs of the company, directly indirectly whether as a shareholder,
director or otherwise; or (c) in accordance with Whose advice, directions or
instructions the Board of Directors of the company is accustomed to act:
provided that nothing in sub-clause (c) shall apply to a person who is acting
merely in a professional capacity;
2.26 Related Party/ Parties: The term ‘related party’ shall be defined in Accounting
Standard-18: Related Party Disclosures or Indian Accounting Standard (Ind-
AS)-24 Related Party Disclosure, as may be applicable to the applicant, as
notified by Ministry of Corporate Affairs or any other appropriate authority from
time to time.
2.27 Successor-in-Interest: Successor-in-interest shall mean the new or re-
organized entity formed after the merger, demerger, acquisition, transfer of
business or significant change in ownership of an applicant.
2.28 Target Segment: The target segments refer to the identified critical mineral
resources under the scheme that are eligible for recycling incentives. The
target segments covered under the scheme shall be as follows
Target Segment Eligible scraps
Scrap of different advanced chemistry cell (ACC) mixes
Spent LIB (Lithium- of LIB like lithium iron phosphate (LFP), lithium nickel
ion Batteries) manganese cobalt oxide (NMC), lithium cobalt oxide
(LCO), etc.
e-waste as defined in the E-Waste (Management) Rules,
E-waste 2022, in section 3(1)(I) and in Schedule | to the rules that
lists out categories of electrical and electronic equipment
Permanent magnets from wind turbines, EVs, medical
Other waste (wastes | equipment etc.; catalytic converters in end-of-life
other than e-waste & | vehicles, spent catalysts from pharma, petrochemical
spent LIB) industries, etc.; special / super alloy scraps containing
critical minerals, etc.
Page 5 of 54Beneficiaries & Qualification criteria under the scheme
3.1 Eligible & Target beneficiaries
3.1.1 The target beneficiary of this scheme will be the recyclers of
secondary products recovering and extracting critical minerals
registered in India.
3.1.2 The target beneficiaries will be classified into two groups on the basis
of their Global Manufacturing Revenue (GMR) i.e. the total revenue
earned by a company including its holding company (in case of the
company being a subsidiary) or subsidiary companies (in case of the
company being a holding company). The criteria for grouping are
given below:
# | Group Criteria (GMR of applicants in base Recycler type
year)
Large,
1. A |Equal to or more than Rs. 200 crores Established
Small, new
2. B_ |Below Rs. 200 crores (including start-
up)
3.1.3 If a company follows the calendar year as its accounting year, the
revenue shall be calculated and submitted by the applicant on a
financial year basis.
3.1.4 The applicant shall submit a self-certified statement of consolidated
global manufacturing revenue for FY 2024-25.
3.2 General qualification criteria
3.2.1 An applicant making investment for greenfield or brownfield recycling
facilities for recovery and extraction of critical minerals from eligible
scrap sources (target segments in clause 2.28) shall be eligible.
3.2.2 If an applicant has foreign direct investment (FDI), it must comply with
FDI Policy Circular 2020 (as amended from time to time) issued by
DPIIT, Ministry of Commerce and Industry, Government of India. A
foreign owned company, should be registered in India to be eligible
under this scheme
3.2.3 Feedstock sourcing, whether domestic or imported, must comply with
extant laws, rules and regulations.
3.2.4 Special Purpose Vehicles (SPVs), subsidiaries, or group companies
promoted by the same parent entity shall be permitted to apply
individually under this Scheme, and the parent company’s Global
Page 6 of 54Manufacturing Revenue (GMR) may be considered for eligibility
Classification of such SPVs/ subsidiaries, subject always to the
ceilings in Clause 7.3.
Indicative outlay of the scheme
4.1 The scheme will incentivize the development of recycling capacity for
separation and extraction of critical minerals in the country. Accordingly, the
scheme will incentivize various recycling systems, with indicative outlay
arrived based on average investment cost and recycling capacity addition
estimated:
# Type of recycling Indicative Outlay (= crore)
1. {Lithium-ion Battery (LIB) recycling 700
2. |E-waste recycling 650
3. |Other recycling 135
4.2 The target beneficiaries are classified into two groups and indicative outlay
allocation is given below:
# |Beneficiary Group Indicative Outlay (= crore)
1. |GroupA 990
2. |Group B 495
Note: The allocation among the scheme components - whether recycling
system-wise or target beneficiary-wise — is indicative of a desired allocation.
However, outlay unspent on any particular component will be deployed to
other components as per need.
4.3 The incentive under the scheme shall be provided on a reimbursement basis
for capital expenditure and on the achievement of threshold incremental sales
for operational expenditure (if opted)
Incentive Period & Tenure of the scheme
5.1 The tenure of the Scheme shall be six (6) financial years, starting from FY
2025-26 and ending with FY 2030-31.
5.2 The Scheme shall initially be open for submission of applications for a period
of six (6) months from the date of issue of Scheme guidelines.
Page 7 of 545.3 Applications received under the Scheme will be appraised on an ongoing
basis.
5.4 The Ministry of Mines may invite further applications as and when required
during the tenure of the Scheme.
Eligibility Conditions for Incentives
6.1 General eligibility
6.1.1 The applicant shall meet the minimum threshold criteria with respect
to capacity and investment as specified below.
———— Capacity threshold | Minimum investment
y'yp (in KTPA) threshold (2 crores)
Group A 10 100
Group B 5 25
Note: For the purpose of determining eligibility under Clause 6.1.1, the
prescribed capacity thresholds of 10,000 TPA (Group A) and 5,000 TPA
(Group B) shall be reckoned with reference to the total annual input tonnage
of eligible scrap / waste streams as defined under this Scheme. For avoidance
of doubt, the input tonnage shall be considered as the gross weight (on dry-
basis) of spent lithium-ion batteries, e-waste, catalytic converters, permanent
magnets, alloy scraps, and other eligible waste streams, as the case may be.
6.1.2 Only entities that recycle eligible waste streams and undertake
extraction of critical minerals through eligible processes, such as
chemical processing, metallurgical extraction, R3 and R4 level
recycling of LIB scrap, or other advanced technologies including
hydrometallurgy, pyrometallurgy, electrometallurgy etc., shall be
eligible under this Scheme. Entities engaged, or intending to engage,
solely in collection, dismantling, shredding, crushing, or sorting
operations (for example, units producing only black mass from LIBs
without further extraction) shall not be eligible.
6.1.3 Eligibility under this Scheme shall not affect eligibility under any other
scheme of the Government of India and vice versa. However, the
same investment/ sales shall not be claimed under more than one
scheme. Applicants shall provide a management undertaking in this
regard.
Recyclers handling waste streams that are covered under Extended
Producer Responsibility (EPR) as notified by the Central Pollution
Page 8 of 54Control Board (CPCB) shall be required to obtain EPR registration and
furnish proof of such registration along with their application under this
Scheme. For waste streams not presently covered under EPR, no
such registration shall be required. As and when CPCB notifies
additional streams under EPR in future, compliance with EPR
registration for such streams shall become mandatory.
6.1.5 Provision for Special Cases
6.1.5.1 In case of applicants proposing to commence operations from
black mass derived from spent LIBs, the prescribed input
capacity thresholds under Clause 6.1.1 shall be reduced by
50% (e.g., 10,000 / 5,000 TPA of spent LIBs = 5,000 / 2,500
TPA of black mass).
6.1.5.2 Such capacity adjustments shall be subject to
recommendation by the Project Management Agency (PMA)
and approval by the Executive Committee (EC).
6.1.5.3 Applicants commencing operations from black mass shall be
eligible under this Scheme only if the black mass has been
sourced from entities registered under the Extended Producer
Responsibility (EPR) framework of CPCB, in accordance with
the Battery Waste Management Rules, 2022. The applicant
shall furnish documentary evidence to demonstrate such
traceability of input material.
6.2 Investment
6.2.1 For the purpose of determining the investment threshold under this
Scheme, Investment shall mean following:
6.2.1.1 Non-creditable taxes and duties, expenditure towards
' Transfer of Technology and royalty
6.2.1.2 Plant, machinery, equipment and associated utilities required,
and related tools, spares, accessories and components
thereof for recycling of target segment as per Annexure-2.
6.2.1.3 Packaging, freight/transport, insurance, erection and
commissioning of plant, machinery, equipment and
associated utilities.
6.2.1.4 Environmental and associated utilities such as effluent and
emission treatment systems, air/water management, waste
handling systems, captive power, control systems, IT/ERP
infrastructure, laboratory and testing facilities essential for
recycling/refining operations.
Page 9 of 546.2.1.5 | Benchmarking of Capital Equipment Costs: Applicants shall
ensure that the cost of capital equipment claimed under this
Scheme is reasonable and in line with prevailing market/
benchmark prices. Each claim must be supported by a
Chartered Engineer Certificate attesting to cost
reasonableness.
6.2.1.6 In cases of over-invoicing, the PMA will apply the
benchmarked cost for incentive computation.
6.2.2 The associated utilities will be capped as per CPWD schedule of rates
wherever available. The applicant shall provide a statutory auditor
certificate in respect of expenditure related to associated utilities.
6.2.3 Expenditure on packaging, freight, insurance, erection and
commissioning shall be on actual basis and capped at 7.5% of the
base investment.
6.2.4 Expenditure on in-house R&D and process development for recycling
and refining of target critical minerals shall be considered eligible
investment. This includes development of chemical processes,
separation technologies, hydrometallurgical circuits, and related pilot
set-up.
6.2.5 The applicant shall provide a statutory auditor certificate and purchase
agreements in respect of the intellectual property rights (IPR), patents
and copyrights.
6.2.6 The software associated with R&D shall be procured / licensed
through legally valid documents.
6.2.7 Non-creditable taxes and duties, expenditure towards Transfer of
Technology and royalty may be included for threshold computation
but shall not be incentivized.
6.2.8 Expenditure on land and building shall not be considered as eligible
investment.
6.2.9 Expenditure on consumables and raw material shall not be considered
as eligible investment.
6.2.10 Procurement of used/ second-hand/ refurbished plant, machinery and
equipment during the eligible time period under the scheme shall be
allowed for incentives provided:
6.2.10.1 They have a minimum residual life of at least 5 years,
6.2.10.2 Proper valuation/residual life certificate is furnished by a
Chartered Engineer,
Page 10 of 546.2.10.3 Value considered shall be lower of depreciated value (as per
Customs scale) or value assessed by Chartered Engineer.
6.2.10.4 However, refurbished equipment shall not exceed 20% of
eligible investment for incentive purposes.
6.2.11 Plant, machinery, and equipment must be purchased or leased in the
name of the applicant only. Leases must be financial leases under
Indian Accounting Standard (Ind-AS) 116.
6.2.12 Plant, machinery and equipment should be used for recycling of
scraps and recovery of critical minerals under this Scheme.
6.2.13 The date of invoice for purchase towards capital expenditure shall be
considered as the date of investment, subject to capitalization in the
books of account. Only investment made on or after the date of
notification of scheme shall be considered eligible for incentive.
6.3 Sales
6.3.1 The applicant shall meet incremental sales thresholds for eligibility
under the Opex subsidy.
6.3.2 Net sales shall be computed as per audited financial statements.
Sales of recovered critical minerals in the eligible output form given in
Annexure-3 with minimum specified purity shall only be considered.
Date of invoice shall be considered as date of sales, subject to
recognition in the books of account.
6.3.3 Sales returns, if any, shall be adjusted in the year in which the return
is recognized.
6.3.4 In case an applicant is engaged in both trading and recycling, only
sales from recycling/refining of critical minerals shall be considered,
supported by separate accounting and statutory auditor certificate.
6.3.5 Applicant shall submit reconciliation of net sales with operational
income as per books of accounts, along with GST and e-way bill
reconciliation, duly certified by a statutory auditor.
6.3.6 In case of acquisition or JV with a brownfield recycling company,
incremental sales shall be calculated after including the base year
sales of the acquired company.
Methodology for Capex and Opex Incentive Allocation
Capex incentive
yas Capex incentive shall be admissible on eligible investment as per
clause 6.2. Incentive will be provided on expenditure incurred on
equipment as per list given in Annexure — 2.
Page 11 of 547.1.2 Indicative scale of capex subsidy as per time taken to start production
from the date of approval of eligibility.
New unit with EC Expansion Unit with EC Rae oF
| Subsidy
|
|
Within 18 months Within 12 months 20% |
After her 1 16 and beffo re 24 | After 12 and before 18 months 17% |
months |
| | |
After 24 months After 18 months 14%
New unit without EC Expansion Unit without EC Rate of
Subsidy
Within 12 months Within 8 months 20%
A¥er ‘2 aod belore 19 After 8 and before 12 months 170% ||
months |
After 18 months After 12 months 14%
7.1.3. Capex Incentive conditions
7.1.3.1. Incentive shall be calculated on eligible capital expenditure at
the applicable rate depending on production timeline (refer
clause 7.1.2).
7.1.3.2 Disbursement shall be contingent upon:
e Meeting the minimum investment threshold; and
e Commencement of commercial production.
7.1.3.3 Applicants must furnish:
e Statutory Auditor Certificate for eligible investment,
capitalization of assets, and commencement of
production.
e Chartered Engineer Certificate for cost
reasonableness, installation, and residual life of
refurbished equipment (if applicable).
Page 12 of 547.2 Opex Incentive
7.2.1 Incentive shall be calculated on incremental sales over the base year
(FY 2025-26).
7.2.2 Opex incentive shall be released in two instalments: forty percent
(40%) upon achievement of the Year-2 incremental sales threshold
and sixty percent (60%) upon achievement of the Year-5 threshold,
subject to auditor certification. Incentive on incremental sales over the
base year (FY 2025-26) shall be provided as follows:
Year Incentive of total | Incremental Sales threshold (% crore)
eligible Opex (%)
Group A Group B
2027-28 40% 60 30
2030-31 60% 150 75
7.2.3 Ineligibility to claim Opex incentive in a particular milestone year (Year
2) shall not restrict the applicant from claiming the remaining eligible
incentive in subsequent milestone year (Year 5), provided the
incremental sales thresholds specified for that year are met.
7.2.4 Applicants must provide statutory auditor certification of incremental
sales, with reconciliation of GST and e-way bills.
7.3 Ceiling on incentive
7.3.1 Applicants may claim the incentive either:
7.3.1.1 entirely as Capex support, and / or
7.3.1.2 | Opex support, subject to the ceiling as indicated in the table
below.
Absolute Ceiling (per applicant):
Beneficiary type Maximum total Of which, maximum total
incentive ( Crores) | OPEX incentive (= Crores)
Group A (GMR 2 2200 Cr) 50 10
Group B (GMR < 200 Cr) 25 5
7.4 The maximum incentive shall apply at two levels:
7.4.1 Per Applicant: Each individual entity may claim incentives up to the
ceiling specified for its category.
Page 13 of 547.4.2 Per Beneficial Owner (clause 2.5): Where multiple entities (including
subsidiaries, SPVs, or group companies) are under the control of the
same Beneficial Owner, the total combined incentive for all such
entities shall not exceed %50 / 25 crore depending on the beneficiary
type under this Scheme.
7.5 Commercial Production Condition
7.5.1 Units receiving incentive under the Scheme shall remain in
commercial production for a minimum of three (3) years from the date
of commencement of production, or at least one (1) year from the date
of receipt of the last incentive, whichever is later.
7.6 Incentive Disbursal Mechanism (Capex and Opex)
7.6.1 For the purpose of these Guidelines, the Commencement Year shall
mean the Financial Year in which commercial production is
commenced. The 24 Financial Year shall mean the immediately
succeeding Financial Year, the 3'4 Financial Year the one thereafter,
and so on.
7.632 Capex incentive shall be disbursed in two main parts
7.6.2.1 Part 1: Initial Tranche (50% of Eligible Incentive) released
upon commencement of commercial production (hereinafter
referred to as the “Commencement Year’). The order of
preference for release of incentive will be the commencement
of production, on first-come first-serve basis.
7.6.2.2 Part 2: Capacity Utilisation-Linked Tranche (Remaining 50%
of Eligible Incentive) disbursal of which shall be conditional
upon achievement of cumulative capacity utilisation
milestones, reckoned from the Commencement Year, as
under:
Milestone (from Commencement Required Capacity | Incentive Release
Year as per clause 7.6.1) Utilisation Condition
Release of Part-2
Latest by FY 2029-30 250%
incentive
7.6.2.3 Verification of each milestone shall be supported by:
a) Chartered Engineer Certificate (installation,
commissioning, operational readiness),
b) Statutory Auditor Certificate (capitalisation in books), and
c) Production records evidencing actual operation at the
respective utilisation level.
Page 14 of 547.6.2.4 In case the beneficiary is not able to achieve at least 50%
capacity utilization by FY 2030-31, the beneficiary shall return
the Part 1 incentive with interest at the prevailing 3-year SBI
MCLR/ base rate, compounded annually, for the period
between disbursement and return.
LD Target Segment-Specific Criteria for Eligibility of Incentive
ree To be eligible for subsidy under this Scheme, entities shall ensure that
the recovered critical minerals and compounds conform to the
specifications laid down in Annexure-3.
7.7.2 Specifically:
7.7.2.1 A minimum metallic yield and minimum purity as indicated
against each mineral or compound in Annexure-3, shall be
maintained.
7.7.2.2 Incentive claims for outputs not meeting the thresholds shall
not be considered for subsidy, even if other eligibility criteria
are fulfilled.
7.8 The minimum number of critical minerals to be extracted, in the permissible
forms specified in Annexure-3, for each eligible segment shall be as indicated
in the table below:
Minimum Critical
a Non-Eligible Mineral
Segment Eligible Processes Praceanes Extraction
Requirement
L3 level chemical Only dismantling,
E-waste . :
F recovery (extractive segregation, or
Recycling .
metallurgy, mechanical
(PCBs, . 3
. hydrometallurgy, shredding (L1,
electronic ;
. pyrometallurgy, L2) without
assemblies) . -
advanced separation) refining
2 —if only LFP
Collection, chemistry is used
Spent LIB R3: Black mass to metal |sorting, as input
ioe salts/metals dismantling, or
Cc
‘ R4: End-to-end recycling |black mass
Recycling . _
to metal salts/metals production (R2) 3 — for all ether
only LIB chemistries
and combinations
Page 15 of 54. . 1 -— spent
Renvery of critical catalysts from
(wastes other diamante) sreah ying dismantling petrochemical
than e-waste eligible metallurgteabor without recovery/ |industries & REE
& spent LIB) ; refining magnets
advanced separation
processes 2 — other waste
streams
7.9 Flexibility for Additional Chemistries
7.9.1 In addition to the eligible outputs specified in Annexure-3, entities may
produce any other chemistry or form of critical mineral, as required by
customer demand.
7.9.2 Such additional outputs shall be subject to prior intimation and
approval by the Project Management Agency (PMA) to ensure
conformity with the Scheme’s objectives.
7.10 Incentive Claim Procedure
7.10.1 The applicant shall submit incentive claims (Annexure-4) on the online
portal, complete with all requisite documents as outlined in Annexure-
5, after commencement of commercial production.
7.10.2 The PMA may seek additional clarifications or documentation if
required.
7.10.3 Detailed provisions relating to verification, eligibility, and
disbursement of claims are set out under Clause 10.
Application Procedure and evaluations
Application format and submission
8.1.1. Applications shall be submitted on the online portal when the
application window is open.
8.1.2 Applicants shall register at Ministry of Mines website, under the
NCMM / Scheme category.
8.1.3 For registration, applicants may log in to the Scheme dashboard and
select “Apply for Incentive Scheme”.
8.1.4 The application form prescribed under these guidelines shall be
completed online, and all mandatory information and supporting
documents must be uploaded in the specified formats.
Page 16 of 548.1.5 A list of documents required for application is provided under
Annexure-5 of these Guidelines for reference
8.2 Application Fee
8.2.1 An application fee shall be paid electronically, only through NEFT/
RTGS, to the PMA account as applicable to the beneficiary type. Proof
of payment must be submitted in the Application Fee Details section.
Beneficiary type Application fee (=)
Group A 20,000
Group B 10,000
8.2.2 Once an eligible applicant claims subsidy after start of production, a
further fee will be charged for processing of disbursement claims.
Details will be intimated subsequently.
8.3 Application Window: The Scheme shall be opened initially for a period of 6
(six) months from the date of issue of Scheme guidelines. If required,
applications will be invited again.
8.4 Preliminary Scrutiny for Acknowledgement
8.4.1 Applications will undergo a preliminary scrutiny based on the details,
requirements and documents submitted outlined in annexure-5.
8.4.2 Action:
8.4.2.1 If complete — Acknowledgement issued (Annexure-6),
application moves to detailed evaluation.
8.4.2.2 If incomplete — The applicant shall have 15 days from the
date of communication by the PMA to submit the missing
documents; failing which, the application may be closed.
8.4.2.3 PMAwill acknowledge the receipt of a complete / incomplete
application within 60 days.
8.5 Evaluation for Eligibility
8.5.1 The applicant must submit all specified documents (outlined in
Annexure-5) for eligibility under the Scheme within 90 days of
acknowledgement.
8.5.2 Non-submission of the complete set of specified documents within the
prescribed timeframe shall lead to disqualification of the application.
8.5.3. The PMA will evaluate the application based on the details,
requirements and documents submitted.
Page 17 of 548.5.4 After detailed examination of the application, the PMA will make
recommendations to the Executive Committee (EC) regarding
eligibility of the project within 60 days of receiving all the specified
documents.
8.5.5 The EC will review and consider eligibility, or rejection, or modification
of the application.
8.5.6 The eligibility letter issued under the Scheme shall, inter-alia, include
the details outlined in Annexure-7.
8.6 Portal and Application ID
8.6.1 Upon successful submission, PMA will issue a unique application ID
to the applicant. This ID must be used for all future communications
and activities related to the scheme, including claim submissions and
document uploads.
8.6.2 All post-eligibility communications, including incentive claims,
document verification, and correspondence, shall be routed
exclusively through the online portal / email.
8.7 The PMA shall ensure that the portal is fully functional for smooth
implementation of the Scheme, including secure document submission,
tracking, and reporting features.
Institutional Mechanism
9.1 Project Management Agency (PMA)
9.1.1 The scheme will be implemented through a nodal agency designated
as the Project Management Agency (PMA). The PMA shall be
responsible for the secretarial, managerial, and operational
implementation of the scheme, as well as any other responsibilities
assigned by MoM.
9.1.2 The PMA shall, inter alia, perform the following functions:
9.1.3 Application Management
9.1.3.1 Receive applications via the online portal, issue
acknowledgements, appraise applications, and _ verify
applicant eligibility.
9.1.3.2 Assign a unique application ID for all future correspondence.
Page 18 of 549.1.4 Evaluation & Recommendations
9.1.4.1 Examine applications and forward eligible ones to the
Executive Committee (EC) for review.
9.1.4.2 Ensure all eligible applications meet capacity, investment,
financial, and technical thresholds.
9.1.5 Incentive Disbursement
9.1.5.1 Examine disbursement claims submitted by applicants and
forward them to the EC for approval.
9.1.5.2 Disbursement of incentives shall be made by the PMA only
after EC approval.
9.1.5.3 Ensure total disbursement does not exceed the overall
scheme outlay as well as per beneficiary ceiling.
9.1.6 Reporting & Monitoring
9.1.6.1 Submit periodic reports to the Ministry of Mines on progress,
performance, and utilization of incentives.
9.1.6.2 Conduct physical verification of assets.
9.1.6.3 Submit consolidated budgetary requirements for
disbursement to the Ministry of Mines on a regular basis, and
the Ministry shall make the necessary budgetary provisions
for release of funds under the Scheme.
9.2 Executive Committee (EC)
9.2.1 The Executive Committee (EC) will review applications appraised by
PMA.
9.2.2 Chair: Officer not below the rank of Joint Secretary, MoM.
9.2.3 Composition: To be constituted and notified separately.
9.2.4 Responsibilities:
9.2.4.1 Approve eligibility of beneficiaries as recommended by PMA
or rejection, or modification of applications.
9.2.4.2 Approve disbursement claims of eligible entities as per
specified criteria on recommendation of PMA.
9.2.5 Post-EC Recommendation: PMA will issue the eligibility / disbursal
letter, as the case may be, to the applicant with a copy to MoM.
Page 19 of 549.3 Governing Council (GC)
9.3.1 The Governing Council (GC) shall periodically review scheme
progress and projects.
9.3.2 Chair: Secretary, Ministry of Mines.
9.3.3 Composition: To be constituted and notified separately.
9.3.4 Responsibilities:
9.3.4.1 Review progress of Scheme implementation from time to
time.
9.3.4.2 Review and suggest amendments to the Scheme guidelines,
if considered necessary for effective Scheme implementation.
9.4 Competent Authority
9.4.1 The Project Management Agency (PMA) shall be responsible for
evaluation of applications and incentive claims and shall place its
recommendations before the Executive Committee (EC).
9.4.2 The Executive Committee (EC) shall be the Competent Authority for
approval or rejection of disbursement of incentives based on PMA
recommendations.
9.4.3 Upon approval by the EC, the PMA shall release the incentive funds
directly to the applicant through bank transfer.
9.4.4 The Governing Council (GC) shall have a supervisory and monitoring
role, and may review overall scheme implementation, issue
clarifications where necessary, and advise on policy-level matters.
9.4.5 For amendments to the Scheme or its Guidelines, the Hon’ble Minister
for Mines shall be the Competent Authority.
10 Disbursement of Incentives
10.1 Applicants may submit incentive claims at any time during the year, provided
the eligibility thresholds have been met. Claims must be supported with
statutory auditor certification and a management undertaking.
10.2 Claims based on unaudited financial statements may be submitted
provisionally, subject to statutory audit certification within 60 days.
10.3 Incentive disbursement shall be contingent upon verification of the submitted
documents. The PMA shall examine each claim, including sales realization,
Page 20 of 54investment payments, and other supporting documents such as auditors’
certificates, bank statements, purchase invoices, and production records.
10.4 The PMA shall carry out audit of the submitted claims to verify
reasonableness, conformity with guidelines, and compliance with thresholds
of metal yield, purity, output form, and capacity utilisation.
10.5 Based on this audit and verification, the PMA shall make a formal
recommendation to the Executive Committee (EC) regarding admissibility of
the claim and the eligible disbursement amount.
10.6 Disbursement of incentives shall commence only upon approval of the EC.
The PMA shall disburse the incentive in accordance with the EC’s approval
and extant financial rules.
10.7 In case of ambiguity, the PMA may refer matters to the EC, whose decision
shall be final.
10.8 In case of excess disbursement, the applicant shall reimburse the excess
amount along with interest at the prevailing 3-year SBI MCLR/base rate,
compounded annually, for the period between disbursement and repayment.
10.9 If eligibility or disbursement is found to have been obtained by
misrepresentation or furnishing false information, the applicant shall refund
the entire disbursed incentive with interest as per Clause 10.8, after being
given an opportunity of being heard.
10.10 Before final rejection of any claim on technical or documentary grounds, the
applicant shall be furnished with a consolidated list of deficiencies and given
fifteen (15) days to respond and cure such deficiencies.
10.11 The PMA shall furnish quarterly reports to the Ministry of Mines on claims
received, amounts disbursed, and reasons for rejection/delay.
10.12 The Executive Committee (EC) shall convene at least once every three (3)
months to consider and approve disbursement claims recommended by the
PMA.
11 Related Party Transactions (RPT)
11.1 The applicant shall comply with provisions of the Companies Act, 2013 and
the Income Tax Act, 1961 relating to related party transactions.
11.2 For international RPT, Form 3CEB filed under the Income Tax Act shall be the
reference document. For domestic RPT, the applicant shall submit a
management undertaking that arm’s length pricing has been applied
consistently during the Scheme tenure. The PMA may seek additional
documents if required.
Page 21 of 5411.3 Since assessments under the Income Tax Act and other regulatory statutes
may take place after incentive claims are processed, the applicant shall
provide an undertaking in the prescribed format (Annexure 8), undertaking to
refund any excess incentive disbursed (along with interest as per clause 10.8
in case subsequent adjustments are made to RPT values that affect incentive
eligibility.
12 Review of Performance
12.1 The Scheme shall be implemented with regular monitoring to ensure effective
utilization of funds. Performance of beneficiaries shall be reviewed periodically
by the PMA and EC.
12.2 All beneficiaries shall furnish Quarterly Review Reports (QRRs) within 30 days
from the end of each quarter, in the prescribed format on the online portal.
13 Request for clarification
13.1 Any clarification regarding the provisions of the Scheme may be sought in
writing via email at director@jnarddc.gov.in.
14 Residual Conditions
14.1 Applicants must inform the PMA of any change in shareholding pattern during
the tenure of the Scheme, post update with the Registrar of Companies.
14.2 In case of successor-in-interest (merger, acquisition, or transfer), investments
made by the non-approved entity prior
14.3
to such change shall not be considered.
Baseline sales shall remain unchanged.
Prior to disbursal of incentives, applicants must submit the following
documents:
14.3.1 Management undertaking in prescribed format.
14.3.2 Agreement/Indemnity Bond confirming refund obligation in case of
false or excessive claims.
14.3.3 Board Resolution affirming compliance with the Scheme Guidelines.
Page 22 of 5414.4 To promote transparency and deter malpractices, all applicants must provide
Integrity Pact undertakings (Annexure 9)
14.4.1 Format A: At the stage of claim submission.
14.4.2 Format B: Post-claim submission, before release of funds.
No application / claim shall be processed without submission of the
undertakings.
14.5 — Integrity Pact undertakings shall be signed by the applicant’s CEO/ MD /
Director or an authorized signatory.
14.6 Any changes in project location during the tenure shall be notified by the
applicant to the PMA, which shall in turn inform the EC and GC.
Ghado Ol...
(SHAKIL ALAM)
Economic Adviser
Ministry of Mines
Tel: 011 2338 4592
E-mail: ea-mines@gov.in
Page 23 of 54ACRONYMS
ACC — Advanced Chemistry Cell
AoA — Articles of Association
CA — Chartered Accountant
CE — Chartered Engineer
CGST — Central Goods and Services Tax
Col — Certificate of Incorporation
CPCB — Central Pollution Control Board
DPIIT — Department for Promotion of Industry and Internal Trade
EC — Executive Committee / Environmental Clearance (context-specific; used
both ways)
EoL — End-of-Life
EPR — Extended Producer Responsibility
FY — Financial Year
GC — Governing Council
GMR — Global Manufacturing Revenue
GST — Goods and Services Tax
Ind-AS — Indian Accounting Standard
IPR — Intellectual Property Rights
JV — Joint Venture
LCO — Lithium Cobalt Oxide
LFP — Lithium Iron Phosphate
LIB — Lithium-lon Battery
LLP — Limited Liability Partnership
MCLR — Marginal Cost of Lending Rate (SBI 3-year reference)
MoA — Memorandum of Association
MoM — Ministry of Mines
MSME — Micro, Small & Medium Enterprises
NMC — Nickel Manganese Cobalt (battery chemistry)
Opex — Operational Expenditure
PAT — Profit After Tax
PBT — Profit Before Tax
PCB — Printed Circuit Board
PGM — Platinum Group of Metals/ Elements
PMA — Project Management Agency
PV — Photovoltaic
QRR — Quarterly Review Report
R1, R2, R3, R4 — Recycling levels (as per CPCB classification; only R3 and R4
are eligible)
Page 24 of 54REE — Rare Earth Elements
RPT — Related Party Transactions
SBI — State Bank of India
SPV — Special Purpose Vehicle
UTR — Unique Transaction Reference (payment)
Page 25 of 54Annexure-1
List of critical minerals under the ambit of the incentive scheme
Antimony bearing ores
Beryl and other beryllium bearing minerals
Bismuth bearing ores
Cadmium bearing minerals
Cobalt bearing minerals
Gallium bearing minerals
Germanium bearing Zinc ores
Glauconite
Graphite
10. Indium bearing minerals
11. Lithium bearing minerals
12. Molybdenum bearing minerals
13. Nickel bearing minerals
14. Niobium bearing minerals
15. Phosphate (without uranium)
16. Platinum Group of Elements bearing minerals
17. Potash
18. REE (minerals of the “rare earths” group not containing Uranium and Thorium)
19. Rhenium bearing minerals
20. Selenium bearing minerals
21. Tantalum bearing minerals
22. Tellurium bearing minerals
Page 26 of 5423. Tin bearing minerals
24. Titanium bearing minerals and ores (ilmenite, rutile and leucoxene)
25. Tungsten bearing minerals
26. Vanadium bearing minerals
27. Zirconium-/ Hafnium-bearing minerals and ores including Zircon
Page 27 of 54Annexure-2
List of Equipment
Equipment Purpose
Crushing & grinding
Primary Shredder (double
Initial size reduction
shaft shredders)
Hydraulic Shears or used for cutting large battery modules, metal casings,
Guillotine Cutters and e-waste components into smaller pieces
Hammer Crusher Secondary crushing
High-Speed Turbine
Fine grinding
Crusher
Reduces material size further for fine separation or
Ball Mill & Pulverizer
leaching, for e.g. black mass from LIBs
Breaks down shredded materials into smaller,
Granulation Mill uniform granules for further processing and
separation
Automated The automated dismantling unit efficiently removes
Dismantling/Component electronic components from EoL PCBs, enabling
Removal better recovery of valuable metals
Optical sorting using Near-Infrared (NIR), X-Ray
Optical sorting using Near- Transmission (XRT), and Color Sorting enables
Infrared (NIR) and X-Ray automated separation of materials based on
Transmission (XRT) and composition and visual characteristics, enhancing the
color efficiency of critical mineral recovery from mixed
waste streams
Utilizes high-energy laser pulses to generate micro
plasma on the material surface, enabling rapid, in-line
Laser-Induced Breakdown elemental analysis and precise sorting of metals and
Spectroscopy (LIBS) minerals based on their atomic composition. This
enhances the efficiency of critical mineral recovery by
enabling selective separation of metals or minerals
Page 28 of 54Utilize high-voltage electric fields to induce charge
differences between conductive and non-conductive
Electrostatic separators materials, enabling efficient separation of metals and
plastics in e-waste recycling and recovery of critical
minerals.
Airflow Separator (Air
Non-metal separation
Classification Unit)
Magnetic Separator Ferrous metal removal
Eddy current separator separation of non-ferrous from non-metal
Classifies and concentrates fine critical minerals (Li,
Hydrocyclones
Co, Ni) using water-based separation.
Compresses fine metal residues or powders into
Briquetting & Pelletizing
briquettes or pellets for easier handling, smelting, or
Machine
recycling.
Advanced gravity separation for recovering ultra-fine
Multi-Gravity Separator
metal and mineral particles from e-waste residues.
Separates fine metal powders and black mass from
Rotary Sieves
larger fractions.
Generate air bubbles to selectively float metal/plastic
Flotation Cells
particles.
Rotating drum screens for classifying different-sized
Trommel Screens particles. Used for pre-sorting battery and e-waste
materials.
Separates crushed material into different particle
Vibrating Screens
sizes for further processing
Remove excess water from flotation concentrates
Dewatering Screens/Filters
before drying.
Page 29 of 54Slurry Pumps Transport slurry between different stages of flotation.
Reagent Dosing System adds flotation reagents (surfactants, collectors).
Extraction of Metallic Values
Smelting & Refining Furnace} Extraction of metals and refining
Water Circulation System Cooling & temperature control
High-Temperature Pyrolysis Breaks down organic binders and extracts valuable
Furnace metals.
Vacuum Distillation Unit Recovers high-purity metals through distillation.
Maintains the required vacuum (~20 Pa) for
Vacuum System & Pumps
controlled evaporation of metals.
Condensation & Collection Captures volatilized gallium and arsenic vapors,
Unit preventing atmospheric release.
Operates under high pressure and temperature to
Hydrothermal Reactor
dissolve GaAs using oxidants and phosphate buffer.
pH & Oxidant Dosing Precisely controls oxidant and phosphate buffer
System addition for optimal GaAs decomposition.
Leaching System
Dissolves target metals from waste material using
Leaching Reactors
acids or alkalis.
Peristaltic pump is characterized by a special
Peristaltic & Chemical
combination of fluid handling mechanism and design
Dosing Pumps
flexibility for multichannel applications
Page 30 of 54Filter Press / Vacuum
Filtration plates, hydraulic press, filter cloth.
Filtration Unit
Utilizes high-frequency ultrasound waves to enhance
Ultrasonic Leaching
mass transfer, improve reaction kinetics, and
Reactors
accelerate mineral dissolution
Uses microwave energy to selectively heat minerals,
Microwave-Assisted improving reaction rates and reducing reagent
Leaching consumption. Beneficial for selective extraction of
metals from ores and e-waste
Applies electrical potential to facilitate metal
dissolution and enhance ion transport, leaching
Electro-Leaching Reactors efficiency reducing the consumption of chemical
reagents. Ideal for recovery of metals like Cu, Ni, Co,
and rare earths
Utilize non-volatile, non-aqueous ionic liquids as
environmentally friendly solvents to selectively
dissolve metals from ores, industrial residues,
lonic Liquid Leaching permanent magnet scraps or electronic waste. Unlike
Reactors conventional acid-based leaching, IL-based leaching
reduces toxic emissions, enhances metal selectivity,
and enables efficient recovery of rare earth elements
(REEs) and precious metals (Au, Pt, Pd, etc.)
pH Control System &
pH sensors, neutralization tanks, chemical dosing.
Neutralization Tank
Bioreactors (Aerobic & Provides controlled conditions for bacteria/fungi to
Anaerobic) leach metals from e-waste.
Culture Growth &
Cultivates bacterial and fungal cultures
Inoculation Tanks
Supplies nutrients (sulfur, iron, carbon sources) for
Nutrient Dosing System
microbial activity and metal solubilization.
Ensures oxygen and CO, exchange for microbial
Agitation & Aeration System
growth and enhances metal recovery kinetics.
Page 31 of 54Solvent Extraction (SX) & lon Exchange (IX) System
Solvent Extraction
Selectively extracts metal ions from leach solution.
Columns/Mixer-Settlers
Organic & Aqueous Phase
Storage system
Storage Tanks
lon-Exchange Resin
Purifies metal solutions using ion exchange resins.
Columns
Strip Solution Regeneration
Recovers extracted metals into separate solutions.
Tanks
Precipitation & Crystallization Unit
Precipitation Tanks (Agitated
Converts dissolved metals into solid precipitates.
Reactor Tanks)
Filtration Unit (Vacuum Filter
Separates precipitated solids from liquid.
Press or Centrifuge)
Drying & Calcination
Removes moisture from precipitated metal salts.
Furnace
Rotary Evaporators Removes solvents to purify metal extracts.
Electrolysis / Electro winning
Recovers high-purity metals from solution via
Electrowinning Cells
electrolysis.
Rectifier Power Supply Provides controlled DC power for metal deposition.
Continuously circulate / agitate the electrolyte to
Electrolyte Circulation
maintain homogenous bath composition for better
Pumps
kinetics
Cathode Stripping Machine Strip the deposited metal from cathode surface
Lithium-ion Battery recycling
Page 32 of 54Transports batteries in a controlled manner to the
Battery Conveyor & Feeding
discharge units, ensuring a steady flow and avoiding
System
bottlenecks.
Connects batteries to a controlled resistive load to
Resistive Load Bank safely discharge stored energy in a monitored and
Discharge Unit controlled manner. Convert excess energy into heat
while ensuring voltage drop control.
Captures and neutralizes any hazardous gases
Fume Extraction &
released during discharge, such as fluoride vapors or
Scrubbing System
hydrogen fluoride (HF).
After full discharge, the batteries are mechanically
Battery Crushing/Shredding
shredded into small fragments for easier separation
System
of black mass, metals, and plastics.
Collects the discharged black mass (containing
Black Mass Collection Unit lithium, cobalt, nickel, manganese, and graphite) for
further refining and metal extraction.
High temperature Pyrolysis
Removes organic binders and improves recovery.
Furnace
Graphite Recovery Unit for Separates graphite for reuse in battery production
black mass through sieving or flotation or chemical process
Generates high temperatures to melt metal content
Plasma Smelting Furnace
and refines molten metal
Reactors for lithium
Convert lithium carbonate into lithium hydroxide.
hydroxide production
Crystallizers for lithium
Forms lithium hydroxide crystals.
hydroxide production
Filtration Removes impurities from lithium hydroxide.
General equipment
Page 33 of 54facilitates the efficient transport of materials between
Conveyor Belt System processing stages, ensuring smooth handling,
sorting, and separation of valuable metals
Scrap storage bins To store scraps of different materials
Chemical storage tanks Safely stores acids, bases, and chemical reagents.
Automated Control Systems
Controls and monitors the entire recycling process.
(SCADA/PLC)
Safety Equipment (PPE,
Ensure worker safety and prevent hazardous
Fire Suppression, Gas
incidents.
Sensors)
Facilitates smooth and controlled feeding of raw
Vibratory feeders materials to crushers, shredders, or processing units.
Prevents clogging and ensures uniform flow.
Provide pressurized air for bubble generation in
Air Compressors
flotation cells.
Pollution Abatement
Pulse Dust Collection
Air pollution control
System
Controls air pollution by capturing dust, fumes, and
Dust & Gas Scrubbing
toxic gases emitted from shredding, pyrolysis, or
System
metal recovery processes
Effluent/water treatment plan
Neutralization Tanks Adjusts pH and removes heavy metals
Filtration System Removes suspended solids and contaminants.
Concentrates and recycles process water through
Evaporators
steam heating & distillation setup
Page 34 of 54Testing & Characterization
Battery Cycler (Charge- Evaluates battery charge retention and discharge
Discharge Tester) performance.
Tests battery performance under extreme
Thermal Chamber
temperatures.
Gas Analyzers (CO2, H2, Monitors toxic gas emissions during discharge and
HF, etc.) black mass processing.
Analyzes fluoride, chloride, and sulfate ions in
lon Chromatography (IC)
effluents.
Total Organic Carbon (TOC)
Measures organic contamination in process water.
Analyzer
Gas Chromatography —
Detects volatile organic compounds (VOCs) from e-
Mass Spectrometry (GC-
waste processing.
MS)
Determines water content in black mass and
Titrator
electrolyte residues.
Monitors acidity/alkalinity in leaching and precipitation
pH Meter
processes.
Conductivity Meter (for
Measures ionic strength in leach solutions.
liquids)
Redox Potential (ORP) Evaluates oxidation-reduction potential in solvent
Meter extraction & electrowinning.
Measures particle size distribution of processed black
Laser Particle Size Analyzer
mass and cathode powders.
X-Ray Fluorescence (XRF) Rapid elemental composition analysis of metals,
Analyzer alloys, and black mass.
Inductively Coupled Plasma
Determines trace metal concentrations in leach
— Optical Emission
solutions, black mass, and extracted materials.
Spectroscopy (ICP-OES)
Page 35 of 54Inductively Coupled Plasma
Ultra-trace level metal detection, essential for rare
— Mass Spectrometry (ICP-
earth and precious metals analysis.
MS)
Scanning Electron Morphological and elemental analysis of fine metal
Microscope (SEM) with EDS particles and black mass residues.
X-Ray Diffraction (XRD) Identifies crystalline phases in battery cathodes,
Analyzer slags, and processed materials.
Determines carbon and sulfur content in recycled
Carbon/Sulfur Analyzer
anode materials and slags.
Thermogravimetric Analyzer
Studies thermal decomposition behavior
(TGA/DSC)
Studies lithium, nickel, cobalt, and copper electrode
Electrochemical Workstation
behavior.
Atomic Fluorescence Detects mercury, arsenic, and heavy metal traces in
Spectrometer (AFS) wastewater.
Page 36 of 54Annexure-3
Eligible outputs, purity and yield - Battery Recycling
Critical Mineral Compound / form Purity
Lithium Lithium carbonate (LizCO3) 299%
Lithium hydroxide monohydrate (LiOH.H,O) 299%
Lithium chloride (LiCl) 299%
Yield = 70% for 1-2 years
Yield 2 80% for 3-4 years
Yield = 90% for 5'* year
Nickel Nickel sulphate 299%
Nickel carbonate (NiCO3) 299%
Nickel hydroxide (Ni (OH)2) 299%
Nickel oxide (NiO / Ni,O3) 299%
Pure metal 299%
Yield = 90%
Cobalt Cobalt sulphate 299%
Cobalt carbonate (CoCO3;) 299%
Cobalt hydroxide (Co (OH)2) 299%
Cobalt oxide (Co30, / CoO) 299%
Pure metal 299%
Yield = 90%
Graphite Graphite 295%
Yield = 90%
Page 37 of 54Eligible outputs, purity and yield - E-waste Recycling
Minimum
Minimum Purity
Metal Allowed C ommerceiraclia l F Forms RES piely Yiield Required (%)
(%)
Gallium Gallium metal (6N grade), Gallium
(Ga) arsenide (GaAs), Gallium nitride 290% 299%
(GaN)
Tantalum carbide (TaC) sponge,
Traent aal m Tantalum metal powder, Tantalum |2 85 % 2 97%
oxide
Tin (Sn) Tin metal, Tin chloride 2 80% 299%
Cobalt (Co) Cobalt metal powder, Cobalt oxide > 85% > 97%
(CoO)
Sedminte Cadmium metal 275% 299%
(Cd)
Tellurium | efturium metal > 75% > 99%
(Te)
Palladium | Palladium metal powder, Palladium
(Pd) flakes, Palladium nanopar’ ticles 2 O80e9 2 aoY
Platinum | Platinum metal powder, Platinum > 80% > 98 %
(Pt) bars
. Indium metal ingots, Indium
Indium (In) chloride, Indium oxide => O0 9% P> Sa(s0)
Selenium | selenium (Se) powder, Selenium <
(Se) dioxide (SeO,2), diethyl selenide 2 809M s 2 99%°
Nickel sulphate, Nickel carbonate,
Nickel Nickel hydroxide, Nickel oxide, = 80% 299%
Pure metal
Page 38 of 54Eligible outputs, purity and yield - RE Magnets Recycling
=e Minimum
Minimum i
Metal Allowed Commercial Forms Recovery Bony
Yield (%) Required
(%)
Neodymium oxide, Neodymium
metal, High-purity Nd alloy powder
Dysprosium oxide, Dysprosium
metal, Praseodymium oxide,
REE Praseodymium metal Terbium
Neodymium (Nd), | oxide, Terbium metal, Samarium
Dysprosium (Dy), | oxide, Samarium metal > 99%
Praseodymium (Pr),
Terbium (Tb), Recovery of mixed rare-earth
Samarium (Sm) oxides (REO) blends (e.g., Nd-Pr-
Dy) will be admissible provided
overall purity is 299%, yield = 80
% and the blend comprises two (2)
or more rare-earth elements
Eligible outputs, purity and yield — Catalytic Converter Recycling
a niniunn difnimam Putt
Metal Allowed Commercial Forms Recovery Required (%) y
Yield (%) q :
Platinum (Pt) Plati inum metal (powder, iinnggoott:s, > 90% > 99 %
sponge)
Palladium (Pd) | Palladium metal (powder, flakes) /2 90% 299%
Rhodium (Rh) Rhodii um metal I (powder, sma ll > 85% > 99 %
beads)
Cerium (Ce) Cerium oxide 2 80% 299%
oO Lanthanum oxide > 80% |2 99%
Page 39 of 54Annexure-4
Disbursement / Incentive claim form
1. Applicant name
2. Target segment
3. Description of raw material / scrap type: [alpha-numeric] (write wastes like
magnets, alloy scraps, catalytic converters
4. Targeted critical minerals to be recovered: [multiple selections form below]
Ooooonon0o0o Antimony bearing ores
Beryl and other beryllium bearing minerals
Bismuth bearing ores
Cadmium bearing minerals
Cobalt bearing minerals
Gallium bearing minerals
Germanium bearing Zinc ores
Glauconite
Graphite
Indium bearing minerals
Lithium bearing minerals
Molybdenum bearing minerals
Nickel bearing minerals
Niobium bearing minerals
Phosphate (without uranium)
Platinum Group of Elements
Potash
REE (minerals of the “rare earths” group not containing Uranium and
Thorium)
Rhenium bearing minerals
Selenium bearing minerals
Tantalum bearing minerals
Tellurium bearing minerals
Tin bearing minerals
Titanium bearing minerals and ores (ilmenite, rutile and leucoxene)
Tungsten bearing minerals
Vanadium bearing minerals
OQ — Zirconium-/ Hafnium-bearing minerals and ores including Zircon
5. Application acknowledgement date:
6. Ref no and date of issue of eligibility letter
FFF 007 F707 Foon og
OoOoooawdonaod
Page 40 of 547. Thresholds of incremental investment and incremental sale of critical minerals
produced achieved
oO Yes
O No
8. If yes, please upload documentation proof
9. Baseline for investment (as on 31-03-2025)
10. Baseline for sales of critical minerals covered under target segment (date shall be
after the date of scheme notification):
11. Incentive sought
O Capex
O Opex
12.Applicable ceilings as per eligibility letter:
13. Utilisation Certificate from statutory auditor:
14. Certificates / undertakings stating / covering no deviation in eligible investment on
equipment
15. Certificates from company secretary stating obtaining of all clearances
16.Certificates from statutory auditor stating / covering incremental threshold sales
achievement
17.Documents / certificates from chartered engineer
18. Undertaking letter, attested on letter head as per Annexure-8 in scheme guidelines
Page 41 of 54Annexure- 5
List of Documents required - Stagewise
: Mandatory /
Stage Documents Required
Conditional
Company PAN (with file upload) Mandatory
GST No. (with file upload) Mandatory
Registered Office & Factory/Plant Address Mandatory
Geo Location of Factory/Plant Mandatory
ID proof of authorized representative (Employee
Mandatory
card / Aadhaar / PAN / Passport)
Board Resolution / Authorisation letter or Self-
declaration (for Proprietorships/
. . Mandatory
Partnerships/Startups) as per formats in
Annexure-10 & 11
Entity type-specific documents:
e Pvt Ltd/Public Ltd — Col, MoA, AoA,
Shareholding Pattern
e LLP — Col, LLP Agreement, Partner
Application oo .
Contribution (CA/CS certified) Mandatory
Stage
e Partnership — Partnership Deed, (based on entity
Registration Certificate type)
e Proprietorship — PAN of Proprietor,
Udyam/MSME cert. (optional)
e JV— JV Agreement, Col, MoA, AoA,
Certified Shareholding Pattern
Mandatory (if
Audited Financial Statements (last 3 FYs, >3 years old);
turnover/net worth/PBT/PAT) Conditional (if
startup/ <3 yrs)
Gross Manufacturing Revenue — CA/Auditor
Mandatory
certificate
Proofs of funds received from Govt./Agencies Conditional
RBI/SEBI defaulter proofs (if applicable) Conditional
Page 42 of 54Mandatory
(except startups
CIBIL Score + File Upload with no
borrowing
history)
Declaration of No Double-Claim (self-
. Mandatory
declaration)
Chairman / CEO / CTO Profiles (PDFs) Mandatory
Senior Management CVs (min 3, up to 5) Mandatory
Undertaking on proposed capacity & investment
Mandatory
as per Annexure-12
Proof of land ownership (purchase deed) OR
Mandatory
lease deed (25 years)
Target segment description (if “Others” selected) | Conditional
Battery chemistry details (for LIBs) Conditional
E-waste type description Conditional
Proof of Application Fee Payment (UTR receipt) | Mandatory
Declarations (No Double-Claim, Compliance,
Mandatory
Truthful Info)
Detailed Project Report (DPR) with process
flow, CAPEX/OPEX, recovery efficiency, M&E Mandatory
balance
EPR Registration/Authorization from CPCB (for .
Conditional
e-waste recyclers)
Technology/Technical Evaluation docs
Eligibility (pilot/commercial data, EHS controls, IP/TOT Mandatory
Stage agreements, purity certificates)
DPR Presentation Slides (for Technical
Mandatory
Committee)
Bank/FI sanction letters, investor pledges,
. Mandatory
promoter equity proofs
Breakup of eligible & non-eligible investments
Mandatory
(with proofs)
Page 43 of 54Raw Material Sourcing Agreements (minimum 2
; Mandatory
years’ capacity)
Purity Test Certificate (ISO 17025:2017
. Mandatory
accredited lab)
Metal Yield Verification docs (material balance
chart, raw material invoices, sales invoices, Mandatory
production sheets)
Consent to Operate (CTO) document Mandatory
CA-certified statement of actual expenditure
ae Mandatory
Disburseme | (with invoices & payment proofs)
nt Stage Proof of Production Activity (utility bills, RM
oo . oo. Mandatory
invoices, dispatch invoices)
Production logs (last 3 months — ERP or manual
Mandatory
logs)
Actual production data sheets/reports (min 3
Mandatory
critical minerals, except CC & PMs)
Undertaking (Annexure-8) Mandatory
Format A & B (Annexure-9) Mandatory
Page 44 of 54Annexure-6
Contents of acknowledgement
Acknowledgement of Application
(Incentive Scheme for Promotion of Critical Mineral Recycling under NCMM)
We hereby acknowledge the receipt of the application for consideration under the
Incentive Scheme for Critical Mineral Recycling. The details provided by the applicant
are as follows:
Applicant Details
oOo Name of the Applicant / Organization:
Registered Address:
Contact Person & Designation:
o Email ID & Phone Number:
°
Scheme Details
o Target Segment Applied For: (e.g., Lithium-ion Battery Waste Recycling / E-
waste Recycling / Catalytic Converters / Permanent Magnets / Superalloy
Scrap / Others):
o Beneficiary Type: (Group A/ Group B)
Application Reference Number (ARN)/Unique ID:
o Date of Application Submission:
Operational / Technical Information
o0o0000 Proposed Project Location(s):
Proposed Annual Recycling Capacity (in MT):
Critical Minerals Targeted for Recovery:
Purity Levels Proposed:
Estimated CAPEX Investment (% Cr):
Estimated OPEX Investment (% Cr):
Compliance & Eligibility
o Eligibility Category: (As per Guidelines)
Supporting Documents Submitted:
00000 Incorporation / Registration Certificate
Net Worth / Financial Statements with Auditor's Certification
Land ownership/lease deed
Environment & Safety Compliance Documents
Any other supporting documents
Page 45 of 54Annexure-7
Contents of Eligibility Letter
The eligibility letter issued under the Scheme shall, inter-alia, include the following
details:
1.
© MN Oar
Name of Applicant
won Project Unit Location
Date of Acknowledgement and/or Eligibility
Target Segment
Critical minerals to be Recovered
Base Year, as applicable
Incentive Period / incentive schedule subject to conditions
Eligibility Criteria with respect to investment and sales, as applicable
Target Segment Specific Eligibility Criteria (yield, eligible outputs, etc.)
10. Yearly Projections Submitted by Applicant (Capital Expenditure, Incremental
Sales,)
11.Expected OPEX Incentive
12.Any Other Information or Conditions stipulated by the Competent Authority
Page 46 of 54Annexure-8
FORMAT OF UNDERTAKING
(On the Letterhead of the Applicant)
We, , hereby acknowledge that the incentives that may
be provided to us under the Incentive Scheme for Critical Mineral Recycling, notified
by the Ministry of Mines under the National Critical Minerals Mission, will be extended
based on, and in reliance upon, the information submitted by us for availing the said
incentives.
We hereby confirm that the information furnished by us for availing the said incentives
is true, correct, and complete in all respects, and that no material fact or information
having an adverse bearing on our eligibility or claim under the Scheme has been
concealed. We further confirm that this declaration shall remain valid on an ongoing
basis and undertake to promptly apprise the Ministry of Mines of any change in the
status of the information furnished by us.
We further undertake that in the event of:
i) any of the information furnished by us being found to be false, incorrect, or
incomplete, or
ii) ii) any of the undertakings and confirmations provided herein being found
false, incorrect, incomplete, or breached,
we shall:
a) refund the entire amount of incentives availed by us along with interest calculated
at the prevailing 3-year SB] MCLR/base rate, compounded annually, for the period
between the date of disbursement and the date of refund; and
b) accept any other directions issued by the PMA / Ministry of Mines in this regard.
We acknowledge that the remedies provided in clause (a) and (b) above are not
exclusive and are without prejudice to any other legal remedies available to the
Ministry of Mines under applicable laws or guidelines of the Scheme.
Authorized Signatory
Signature:
Name:
Designation:
Date:
Seal/Stamp of Applicant
Page 47 of 54Annexure-9
Integrity Pact —- Format A
(To be submitted at the stage of Claim Submission under Incentive Scheme for Critical
Mineral Recycling)
UNDERTAKING
This Integrity Pact is made and executed on this__ day of , 20, between:
(i) The JNARDDC (Autonomous body under the Ministry of Mines), acting through the
Ministry of Mines as Project Management Agency, hereinafter referred to as the
“Authority”,
AND
(ii) M/s , acompany/ partnership/ LLP/ startup / JV
having its registered office at :
hereinafter referred to as the “Applicant/ Beneficiary’.
WHEREAS
1. The Authority has issued guidelines for the Incentive Scheme for Promotion
of Critical Mineral Recycling under the National Critical Mineral Mission
(NCMM).
2. The Applicant/Beneficiary has applied, got approved and submitted a claim
under the said scheme.
3. The Authority and the Applicant/Beneficiary agree to enter this Pact to ensure
transparency, fairness, and integrity during the processing of the claim.
NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:
1. Commitment of the Authority
o The Authority undertakes that no official of the Authority will demand,
accept, or take any benefit of any kind whatsoever, directly or indirectly,
from the Applicant/Beneficiary.
o The Authority will ensure fair and transparent evaluation of the
application/claim in accordance with the scheme guidelines.
2. Commitment of the Applicant/Beneficiary
o The Applicant undertakes that it has not offered, promised, or given and
shall not offer, promise, or give to any person in the Authority or
otherwise any undue advantage to obtain or influence the processing of
its application/claim.
o The Applicant shall disclose all relevant facts and documents truly and
fully.
Page 48 of 54o The Applicant shall not engage in collusion, cartelization, or
manipulation in the application/claim process.
3. Violations & Consequences
o Any violation of this Pact by the Applicant shall entitle the Authority to
reject the application/claim, forfeit any benefits, and initiate appropriate
legal action.
o Any violation by the Authority's officials shall be subject to disciplinary
and legal action under applicable laws.
4. Duration of the Pact
o This Pact shall remain valid from the date of claim submission till the final
settlement of all dues under the Incentive Scheme.
5. Other Provisions
o This Pact is subject to the laws of India.
o The Authority and the Applicant agree to refer any unresolved issues
arising out of this Pact to an Independent External Monitor (IEM)
appointed by the Ministry of Mines.
Signatures
For and on behalf of the Applicant/Beneficiary
Name:
Designation:
Date:
Seal/Stamp:
For and on behalf of the Authority
(Authorized Signatory — PMA)
Name:
Designation:
Date:
Seal/Stamp:
Page 49 of 54Integrity Pact - Format B
(To be submitted post-claim submission and before release of funds under Incentive
Scheme for Critical Mineral Recycling)
UNDERTAKING
(i) The JNARDDC (Autonomous body under the Ministry of Mines), acting through the
Ministry of Mines as Project Management Agency, hereinafter referred to as the
“Authority”,
AND
(ii) M/s , acompany/ partnership/ LLP/ startup / JV
having its registered office at ;
hereinafter referred to as the “Applicant/ Beneficiary’.
WHEREAS
1. The Authority has issued guidelines for the Incentive Scheme for Critical
Mineral Recycling under the National Critical Mineral Mission (NCMM).
2. The Applicant/Beneficiary has submitted its claim under the said scheme for
disbursement of incentive.
3. The Authority and the Applicant/Beneficiary agree to enter this Pact to ensure
integrity, transparency, and proper utilization of funds released under the
scheme.
NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:
1. Commitment of the Authority
o The Authority undertakes that no official of the Authority will demand,
accept, or take any benefit of any kind whatsoever, directly or indirectly,
from the Applicant/Beneficiary.
o The Authority will process the claim strictly as per the guidelines of the
scheme and ensure transparency in the release of funds.
2. Commitment of the Applicant/Beneficiary
o The Applicant undertakes that all information furnished in the claim
submission is true, complete, and correct to the best of its knowledge.
o The Applicant undertakes to utilize the incentive funds released solely
for the purposes stated in the application /claim and in compliance with
scheme guidelines.
Page 50 of 54o The Applicant shall not misrepresent facts, submit falsified documents,
or misappropriate funds received under the scheme.
o The Applicant agrees to maintain proper books of accounts, records, and
supporting documents and to make them available for inspection/
verification by the Authority or its authorized representatives.
3. Violations & Consequences
o In case of violation of this Pact or misrepresentation by the Applicant,
the Authority shall have the right to:
* Reject the claim and/or recover disbursed funds with interest.
* Blacklist the Applicant from future participation under the scheme.
Initiate legal/penal action under applicable laws.
o Any violation by the Authority's officials shall be subject to disciplinary
and legal action under applicable laws.
4. Duration of the Pact
o This Pact shall remain valid until the complete settlement of all
obligations arising from the release and utilization of funds.
5. Other Provisions
o This Pact is subject to the laws of India.
o Any disputes arising out of this Pact shall be referred to the Independent
External Monitor (IEM) appointed by the Ministry of Mines.
Signatures
For and on behalf of the Applicant/Beneficiary
Name:
Designation:
Date:
Seal/Stamp:
For and on behalf of the Authority
(Authorized Signatory — Ministry of Mines / PMA)
Name:
Designation:
Date:
Seal/Stamp:
Page 51 of 54Annexure-10
Board Resolution / Authorization
(To be printed on company’s letterhead)
Subject: Resolution passed at the meeting of the Board of Directors of M/s
held on at :
RESOLVED THAT Mr./Ms. , Designation , be and is
hereby authorized to submit the application under the Incentive Scheme for Critical
Mineral Recycling under NCMM on behalf of the company and to sign, execute, and
submit all related documents.
(Signature of Board Director)
Name
Designation
Date
Seal/Stamp
(Signature of Board Member - |)
Name
Designation
Date
Seal/Stamp
(Signature of Board Member - I!)
Name
Designation
Date
Seal/Stamp
Page 52 of 54Annexure-11
Self-Declaration / Authorization
(To be printed on company’s letterhead)
Subject: Self-Declaration for participation in Incentive Scheme for Critical Mineral
Recycling
| hereby declare that myself Mr./Ms. , be and is hereby
authorized to submit the application under the Incentive Scheme for Critical Recycling
under NCMM on behalf of the company and to sign, execute, and submit all related
documents.
(Signature)
Name
Designation
Date
Seal/Stamp
Page 53 of 54Annexure-12
Capacity & Investment Undertaking
(To be printed on company’s letterhead)
We, M/s , undertake that the proposed installed capacity for the project
is KTPA and the total investment pledged is = crores. We
understand that if we don’t meet the minimum threshold for capacity and investment
as per the guidelines of Incentive Scheme for Critical Minerals Recycling under
NCMM, we would need to return the subsidy amount, if any received will be returned
as per the guidelines of Project Management Agency / Executive Committee / Ministry
of Mines. The investment break-up and financial closure details are enclosed.
Reference Board Resolution No. dated . (if applicable)
(Signature of Authorized Signatory with Seal)
Name
Designation
Date
Seal/Stamp
Page 54 of 54