A Primus Partners report outlines a five-pillar plan to localise rare earth magnet production in India, reducing reliance on Chinese imports for EVs. A report by advisory firm Primus Partners has ...

India has a $800m plan to make rare earth magnets, aiming to reduce dependence on Chinese imports - but can it work?

BENGALURU: The Union Cabinet on Wednesday approved a Rs 7,280 crore scheme to promote domestic manufacturing of sintered rare earth permanent magnets, marking the country’s first dedicated effort to ...

India risks supply chain disruptions in its electric vehicle (EV) sector due to near-total dependence on imported rare earth magnets from China, according to a new report by Primus Partners. The ...

A worker drives a skip loader at a rare earth metals mine in Nancheng County, Jiangxi Province, China. India’s EV supply-chain ecosystem continues to remain highly dependent on China for critical and ...

Scheme targets self-reliance in critical magnets used in EVs, wind energy, defence system Rare earth permanent magnets are essential to a vast range of high-technology applications, including electric ...

NEW DELHI, June 5 (Reuters) - India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with ...

The mission covers 30 minerals, including rare earths, and offers a comprehensive framework involving policy incentives, faster approvals. (Representative image) The global scramble for rare-earth ...

In a major step towards strengthening India’s high-tech manufacturing ecosystem, the Union Cabinet has approved a ₹7,280-crore Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets ...

Component suppliers in India have been importing these magnets as raw materials to manufacture components/sub- assemblies domestically for automotive applications. China has decided to lift the curbs ...

India’s plan is part of a broader push by nations to reduce strategic dependence on China for critical materials. Image: Shutterstock India is preparing to boost its incentive scheme for rare earth ...

Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades. Ashvini Rare Earth commissioned India’s first plant to produce neodymium–praseodymium (Nd-Pr) metals, ...