[SMM Lithium News Flash] India has recently classified "black mass" as the valuable residue from spent lithium-ion batteries because hazardous waste and restricted its export. This policy aims to develop India's domestic battery recycling capacity, reduce its dependency on imported raw materials like lithium, cobalt, and nickel, and enhance the country's energy security. With a rapidly growing demand for lithium-ion batteries driven by EV adoption and grid decarbonization, India’s lack of local mineral resources leaves it highly vulnerable, especially due to heavy reliance on imports from China. Currently, India recycles less than 1% of end-of-life batteries through formal channels, with most recycling done informally, often unsafely. However, black mass contains 40–50% of a battery's weight and holds critical mineral value. India’s growing e-waste volume and the potential $3.5 billion market by 2030 present a major opportunity. To capitalize, the government must improve regulations, lower taxes, invest in modern recycling technology, and build international partnerships. The black mass policy, if executed well, could be a key step toward building a circular economy and strategic battery self-sufficiency.