Cabinet Approves Rs 2,814 Crore for Critical Mineral Processing
The Cabinet has approved a Rs 2,814 crore scheme for processing critical minerals. Beneficiaries will be selected through a two-stage process. The scheme is aimed at building processing capacity for these minerals within India.
Context
Context: Critical minerals such as lithium, cobalt and rare earths are used in batteries, electronics and clean energy equipment. India relies on imports for much of its supply, so processing these minerals at home is a major government goal.
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