India to Formalise Incentives for Critical Minerals Recycling

India plans to launch incentives for the recycling of 24 critical minerals this year, including lithium and cobalt, two sources aware of the matter said, as part of efforts to secure the minerals needed for green energy transition.

- Reuters

NEW DELHI:

India has identified the 24 minerals as strategic and critical to its efforts to meet clean energy goals and move towards net zero greenhouse gas emissions by 2070. It has already set aside ₹1,500 crore for the recycling of these minerals, as part of an ₹16,300 crore outlay to develop the critical minerals sector.