India must adopt a multipronged approach to recover critical mineral from industrial and mining waste, including policy reforms, technological advancements, and supply chain integration, according to a recent FICCI-Deloitte report. The study highlights the importance of tapping into secondary resources to ensure resource security and reduce import dependence.
Why Critical Minerals Matter
Critical minerals such as nickel, cobalt, copper, gallium, and titanium are essential for clean energy technologies, electric vehicles (EVs), battery manufacturing, and defense applications. With the global shift towards clean energy, the demand for these minerals is surging.
Despite India’s efforts to secure critical mineral resources, several challenges remain. Low exploration levels, long gestation periods for mining operations, and processing bottlenecks make it necessary to look for alternative sources, with mining and industrial waste emerging as a promising solution.
Turning Waste into Opportunity
India generates large volumes of fly ash, red mud, mine overburden, mine tailings, and metal slag, all of which contain valuable critical minerals. While these were once considered waste, technological advancements are making sustainable extraction and recycling feasible.
Also read: India, Saudi Arabia Boost Ties in Critical Minerals
Globally, countries like the United States, Canada, and Australia have invested heavily in recovering minerals from waste dumps. India, too, is witnessing collaborations between research institutions and mining companies to develop innovative methods for mineral recovery.
Policy Reforms and Sustainable Mining
The report aligns with the National Mineral Policy’s vision of zero-waste mining. By implementing responsible land utilization strategies and protecting forest cover and biodiversity, India can balance economic growth with environmental sustainability.
As the country strives to meet its Net Zero commitments and boost mineral self-sufficiency, setting up a sustainable mineral recovery ecosystem is both timely and essential. By leveraging technology and policy support, India can emerge as a leader in critical mineral sustainability, reducing dependency on imports while fostering a circular economy.
