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A massive expansion in Odisha will boost domestic demand for aluminium scrap and dross.
Fifty-eight companies cleared under the ₹1,500 crore critical mineral recycling scheme have pledged about 8.5 lakh tonnes a year of capacity, roughly three times what the government expected. India's registered e-waste recyclers already have more capacity than the country officially generates in e-waste. With a critical minerals stockpile policy due in about a month and lithium prices down by half since May 2026, the real contest now is over collection, and that puts aggregators and collectors in a stronger position.
The next global supply chain for critical minerals may not start in a mine. It may start in India’s scrapyards, creating a quantifiable link between a dealer's yard and a multi-billion dollar strategy.