SOP FOR CRITICAL MINERAL RECYCLING

THE Centre on Wednesday approved a ₹1,500 crore incentive scheme on critical minerals from secondary sources or used products.

- Rakesh Kumar @ New Delhi

As per the Ministry of Mines, critical minerals such as rare earth magnets will be obtained from lithium-ion battery (LIB) scrap and other non-e-waste scrap such as catalytic converters from end-of-life vehicles. The incentives are expected to help develop 270 kilo tonne of annual recycling capacity, resulting in 40 kilo tonne of critical mineral production a year. "A prudent way to ensure supply chain sustainab