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capabilities","india-looks-to-tighten-black-mass-exports-as-it-funds-domestic-refining-capabilities","article/india-looks-to-tighten-black-mass-exports-as-it-funds-domestic-refining-capabilities",{"_uid":547,"date":548,"tags":549,"editor":555,"content":565,"excerpt":663,"featured":51,"reporter":664,"_editable":668,"component":669,"seo_title":543,"categories":670,"visibility":680,"author_company":49,"featured_image":681,"seo_description":663,"author_full_name":49,"author_job_title":49,"formattedDate":685,"formattedArticleDate":686},"ea42940f-f63f-4a68-a98a-b00a93f9dba2","2025-10-29 00:00",[550,552],{"slug":551,"name":373},"black-mass",{"slug":553,"name":554},"india","India",[556],{"slug":557,"name":558,"content":559},"matthew-bird","Matthew Bird",{"job_title":560,"image":561,"bio":563,"linkedin":564},"Senior Editor - Supply Chains & Data Visualisation",{"filename":562},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":566,"content":567},"doc",[568,575,580,585,590,595,600,605,610,615,630,635,647,660],{"type":569,"attrs":570,"content":571},"paragraph",{"textAlign":49},[572],{"text":573,"type":574},"The Indian government has acknowledged that black mass exporters are circumventing hazardous waste export rules through the use of unrelated HS codes. Under current regulation, black mass can only be exported from India under a certain HS code once the exporting company has received an export control licence and further permissions from the Indian government.","text",{"type":569,"attrs":576,"content":577},{"textAlign":49},[578],{"text":579,"type":574},"The legislative reforms come as the government is looking to bolster its support for domestic refining capabilities through a $170 million grant scheme.",{"type":569,"attrs":581,"content":582},{"textAlign":49},[583],{"text":584,"type":574},"Black mass being exported incorrectly",{"type":569,"attrs":586,"content":587},{"textAlign":49},[588],{"text":589,"type":574},"According to the government, bypassing hazardous waste export rules and export licence controls, black mass exports are reducing the feedstock available to India’s refiners.",{"type":569,"attrs":591,"content":592},{"textAlign":49},[593],{"text":594,"type":574},"The acknowledgement that malpractice is occurring may lead to a crackdown on illegal exports. As well as this, Indian refiners have called for a complete ban on export licences to ensure critical materials remain within India.",{"type":569,"attrs":596,"content":597},{"textAlign":49},[598],{"text":599,"type":574},"Government grants for refining facilities",{"type":569,"attrs":601,"content":602},{"textAlign":49},[603],{"text":604,"type":574},"In September, the government approved a ₹1500 crores ($170 million) incentive scheme for building out critical mineral recycling and refining facilities in India. Further details were released in October by the Ministry of Mines.",{"type":569,"attrs":606,"content":607},{"textAlign":49},[608],{"text":609,"type":574},"The scheme will aid up to 20% of the CAPEX costs for a facility as well as offering further subsidies for OPEX costs. For larger entities the subsidies will have an overall ceiling of ₹50 crores ($5.7 million) while this will be ₹25 crores ($2.9 million) for smaller entities. At this time, it is unclear how “larger entities” and “smaller entities” are defined.",{"type":569,"attrs":611,"content":612},{"textAlign":49},[613],{"text":614,"type":574},"The scheme aims to develop at least 270 kilo ton of annual recycling capacity resulting in around 40 kilo ton annual critical mineral production.",{"type":569,"attrs":616,"content":617},{"textAlign":49},[618,620,628],{"text":619,"type":574},"This scheme not only shows the Indian government’s commitment to the recycling industry but will also prove a valuable help to recyclers looking to expand in the emerging industry. More broadly in the industry in 2025, Benchmark tracked funding that shows ",{"text":621,"type":574,"marks":622},"the majority of funding entering the recycling space is grants",[623],{"type":624,"attrs":625},"link",{"href":626,"uuid":49,"anchor":49,"target":49,"linktype":627},"https://source.benchmarkminerals.com/article/how-is-battery-supply-chain-funding-evolving-in-2025","url",{"text":629,"type":574},", as governments recognise the industry’s importance.",{"type":569,"attrs":631,"content":632},{"textAlign":49},[633],{"text":634,"type":574},"India’s recycling environment",{"type":636,"attrs":637},"blok",{"id":638,"body":639},"f4e1f057-e55a-41cd-9316-86b83ce79a35",[640],{"id":641,"_uid":642,"type":643,"_editable":644,"component":645,"fixed_height":646,"use_fixed_height":50,"fixed_height_mobile":646,"fixed_height_tablet":646},"25918047","i-09293cc7-9371-4b07-943e-619a998cb176","visualisation","\u003C!--#storyblok#{\"name\": \"ContentFlourish\", \"space\": \"\", \"uid\": \"i-09293cc7-9371-4b07-943e-619a998cb176\", \"id\": \"\"}-->","ContentFlourish","",{"type":569,"attrs":648,"content":649},{"textAlign":49},[650,652,658],{"text":651,"type":574},"India’s recycling industry has seen strong growth in recent years, driven by portables end of life scrap. According to ",{"text":653,"type":574,"marks":654},"Benchmark’s Q3 recycling forecast",[655],{"type":624,"attrs":656},{"href":657,"uuid":49,"anchor":49,"target":49,"linktype":627},"https://www.benchmarkminerals.com/recycling",{"text":659,"type":574},", the domestic recycling industry remains in overcapacity, though this is expected to turn to deficit by the early 2030s.",{"type":569,"attrs":661,"content":662},{"textAlign":49},[],"The Indian government has acknowledged that black mass exporters are circumventing hazardous waste export rules through the use of unrelated HS codes. Under current regulation, black mass can only be exported from India under a certain HS code once the exporting company has received an export control licence and further permissions from the Indian government. […]",[665],{"slug":557,"name":558,"content":666},{"job_title":560,"image":667,"bio":563,"linkedin":564},{"filename":562},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"ea42940f-f63f-4a68-a98a-b00a93f9dba2\", \"id\": \"\"}-->","article",[671,674,677],{"slug":672,"name":673},"batteries","Batteries",{"slug":675,"name":676},"recycling","Recycling",{"slug":678,"name":679},"sustainability","Sustainability","private",{"id":49,"alt":646,"name":646,"focus":646,"title":646,"source":646,"filename":682,"copyright":646,"fieldtype":683,"meta_data":684,"is_external_url":51},"https://a.storyblok.com/f/287943243085208/65519bbe0a/bm-adobestock-325787626.jpeg","asset",{"alt":646,"title":646,"source":646,"copyright":646},"Oct 29, 2025","29th October 2025",[],[],1780500920974]