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The Union Cabinet approved a Rs 2,814 crore, five-year capex support scheme for critical mineral processing.

Legal · Finvezto · 4 Nov 2026

What happened

The Union Cabinet approved a Rs 2,814 crore, five-year capex support scheme for critical mineral processing. Source: Stock note

Why it matters

Anand Ganapathy K: It covers refining lithium and nickel ores and intermediates into high-purity compounds from FY2026-27 to FY2030-31, for EV, storage, electronics and defence supply chains. Source: Stock note

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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.