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Centre clears 58 companies for 1500 crore plan to recycle critical minerals
Economy
Published on 30 April 2026
The money targets recycling from batteries and e-waste
The Mines Ministry has approved 58 companies under a ₹1,500 crore incentive scheme to expand recycling of critical minerals. Part of the National Critical Mineral Mission, the plan is designed to build domestic capacity to process materials from lithium-ion batteries, e-waste and industrial scrap, cutting import reliance while supporting clean energy and manufacturing.
- Mines Ministry approved 58 companies under the ₹1,500 crore incentive scheme
- Scheme supports recycling under the National Critical Mineral Mission
- Focus materials include lithium-ion batteries, e-waste and industrial scrap
- Goal is to reduce import dependence and boost clean energy manufacturing
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times