Amid growing concerns over rare earth supply chains triggered by China’s tightening export restrictions, officials at the Union Ministry of Mines say the government is close to finalising an incentive scheme to promote the recycling of critical minerals used in rare earth magnet manufacturing.

The move signals India’s intent to tap into a valuable yet often overlooked resource—its urban waste. From discarded hard drives and LED televisions to old EV motors and wind turbine blades, a significant stockpile of rare earth elements is embedded in the country’s growing e-waste stream.

In a conversation with Outlook Business, Prassann Daphal, CEO of Recyclekaro—a prominent player in the recycling and circular economy sector—discusses the feasibility of rare earth recycling in India and what it would take to achieve self-reliance in these critical materials.

Citește mai mult