Page 24 - Plastics News January 2026
P. 24
ENVIRONMENT NEWS
PM REVIEWS INDIA’S PUSH TO SECURE CRITICAL
MINERALS AND BOOST RECYCLING
rime Minister Narendra Modi recently worth Rs 1500 crore that aims to build a robust
chaired a high level review meeting to recycling industry for critical minerals. Through
Passess India’s plans for securing critical this programme, companies are encouraged
minerals and developing domestic recycling ca- to extract valuable materials from e waste and
pacity. The discussion focused on how these re- used batteries. The scheme is expected to help
sources will support the country’s clean energy create about 270 kilotonnes of annual recycling
ambitions, industrial growth, and strategic secu- capacity and recover close to 40 kilotonnes of
rity. usable minerals each year, in addition to attract-
ing investment and generating jobs.
Officials briefed the Prime Minister on progress
made under ongoing initiatives to secure mineral All these initiatives are part of the National Criti-
assets overseas. These include efforts to obtain cal Mineral Mission, which seeks to make India
long term access to resources such as lithium, more self reliant in strategic raw materials. The
cobalt, nickel, and rare earth elements, which review underlined the need to expand domestic
are essential for batteries, renewable power processing capabilities so that the country can
systems, electronics, and defence technologies. support the energy transition while strengthen-
Ensuring reliable supply lines, rather than de- ing long term economic resilience.
pending solely on imports, is seen as crucial for Source - https://www.businessworld.in/
the Make in India programme.
The meeting also examined the incentive scheme
EU UNVEILS NEW MEASURES TO BOOST PLASTIC
RECYCLING, CIRCULAR ECONOMY
he European Commission has announced
a package of actions intended to acceler-
Tate the transition to a circular economy
with a strong emphasis on the plastics sector.
The newly introduced measures are designed to
address fragmentation in the European market
for recycled plastics, which has hindered effi-
cient recycling and industry growth, the Europe-
an Commission said in a statement on Tuesday.
24 PLASTICS NEWS January 2026
