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India Aims for Self-Reliance in Rare Earth Sector to Play a Leading Role in the Global Arena: Union MoS Jitendra Singh

  • India is aggressively pursuing self-reliance in exploring and producing rare earth materials to support its green energy transition, as stated by Union MoS Science and Technology Jitendra Singh in the Lok Sabha.
  • A pilot project on Neodymium-Iron-Boron Permanent Magnets has started in Hyderabad, and a Samarium Cobalt Magnet Plant launched in Visakhapatnam will produce 500 tonnes per year, indicating industrial progress in the rare earth sector.
  • Production capacity of rare earth materials is expected to scale from 2,000 tonnes to 5,000 tonnes by the third phase, though demand may reach 8,000 tonnes by 2030, showing a production-demand gap.
  • Rare earth elements are crucial for defense, electric vehicles, space exploration, and renewable energy, linking them to India's goals for clean energy, technology, and data needs.
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New Delhi, 26 Mar (Latin Press) India today accelerates exploration for rare earths and lithium with the goal of increasing the domestic production capacity of permanent magnets related to critical minerals by 2030. The post India accelerates exploration for rare earth first appeared on News Prensa Latina.

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aninews.in broke the news in India on Wednesday, March 25, 2026.
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