India Discovers Rare Earth in MP Coalfields as China Curbs Squeeze Industries: Minister

China rare earth ban to impact domestic production, exports across 5 sectors in India: SBI economists

Mumbai, Jul 28 (PTI) China's ban on rare earth trade will impact domestic production and exports across five sectors in India, economists at SBI said on Monday. A report by the economists pegged the overall imports of rare earths and compounds at USD 31.9 million and magnet imports at USD 291 million in FY25. Volumes of India's consumption of rare earths and compounds has seen a rising trend, it said, adding that import of rare earth magnets by …

India faces rare earth magnet challenge amid global supply chain disruptions: finance ministry

The ripple effect is already being felt in India's automobile sector, where some manufacturers have flagged potential production slowdowns due to limited access to critical components.

India discovers rare earth in MP coalfields as China curbs squeeze industries: Minister

India has discovered rare earth elements in Madhya Pradesh's Singrauli coalfields. These elements are crucial for clean energy and electronics. Coal India is researching their extraction. The focus is on developing indigenous technology. This aims to reduce reliance on imports, especially from China. Restrictions on Chinese exports could impact Indian manufacturing. Research collaborations are underway with various institutes.