Assessing the feasibility of India’s rare earth magnet ambitions

Workers in a factory are assembling rare earth magnets, highlighting India's efforts to boost domestic production for hightech applications.

In September 2023, the Indian Ministry of Mines announced plans to set up a national policy to promote the exploration and production of rare earth elements. This initiative aims to reduce dependence on imports and bolster the local manufacturing sector. Key players in this space include public sector enterprises like the Indian Rare Earths Limited … Read more