{"id":10074,"date":"2025-09-03T15:29:03","date_gmt":"2025-09-03T15:29:03","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/03\/cabinet-approves-rs-1500-cr-incentive-scheme-to-promote-recycling-of-critical-minerals-business-news\/"},"modified":"2025-09-03T15:29:03","modified_gmt":"2025-09-03T15:29:03","slug":"cabinet-approves-rs-1500-cr-incentive-scheme-to-promote-recycling-of-critical-minerals-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/03\/cabinet-approves-rs-1500-cr-incentive-scheme-to-promote-recycling-of-critical-minerals-business-news\/","title":{"rendered":"Cabinet Approves Rs 1,500-cr Incentive Scheme To Promote Recycling Of Critical Minerals | Business News"},"content":{"rendered":"


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The scheme aims at developing recycling capacity in the country for the separation and production of critical minerals from secondary sources<\/h2>\n
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The major objectives of this mission are to increase exploration, reduce import dependence, acquire mineral blocks overseas, develop technologies for processing of critical minerals and recycle minerals. (Pic\/PTI file)<\/p>\n<\/figure>\n

The Cabinet on Wednesday gave its go-ahead to a Rs 1,500 crore incentive scheme to promote recycling of critical minerals in the country.<\/p>\n

The decision was taken during the cabinet meeting held under the chairmanship of Prime Minister Narendra Modi.<\/p>\n

The scheme aims at developing recycling capacity in the country for the separation and production of critical minerals from secondary sources. These include e-waste, Lithium Ion Battery (LIB) scrap, and scrap other than e-waste & LIB scrap, such as catalytic converters in end-of-life vehicles.<\/p>\n

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This decision by the Union Cabinet pertaining to an incentive scheme to promote critical mineral recycling will boost capacities to recycle battery waste and e-waste, promote investment and encourage job creation.https:\/\/t.co\/6deRyQekLM<\/a>\u2014 Narendra Modi (@narendramodi) September 3, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\n

\u201cThe Union Cabinet\u2026today approved a Rs 1,500 crore incentive scheme,” the mines ministry said in a statement.<\/p>\n

This scheme is part of the National Critical Mineral Mission (NCMM), which is aimed at building the domestic capacity and supply chain resilience in critical minerals.<\/p>\n

Earlier, the government approved a Rs 16,300-crore National Critical Mineral Mission, with a total outlay of Rs 34,300 crore spread over seven years, aiming to achieve self-reliance and accelerate India\u2019s journey towards green energy transition.<\/p>\n

Public sector enterprises are expected to contribute Rs 18,000 crore to the mission.<\/p>\n

Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential raw materials required to fuel the growth of rapidly growing clean energy technologies.<\/p>\n

The major objectives of this mission are to increase exploration, reduce import dependence, acquire mineral blocks overseas, develop technologies for processing of critical minerals and recycle minerals.<\/p>\n

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI<\/a>)<\/i><\/p>\n

News<\/a> business<\/a> Cabinet Approves Rs 1,500-cr Incentive Scheme To Promote Recycling Of Critical Minerals<\/span><\/div>\n
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