India, Oct. 4 -- As demand for things like lithium, cobalt, and rare earth elements grows with the push toward electric vehicles and renewable energy many countries around the world have started or are ramping up recycling of critical minerals

The Ministry of Mines on Saturday opened applications for the Rs 1,500 crore Critical Mineral Recycling Incentive Scheme, marking the formal launch of the initiative under the National Critical Mineral Mission. Recycling critical minerals is becoming a global priority, with many countries investing in new tech and infrastructure to close the loop on valuable resources.

The scheme is designed to boost India's recycling capacity by promoting the extraction of critical minerals from secondary sources...