Stay updated with the latest neodymium news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on neodymium topics.
"Materials are key enablers, whether for systems, weapons, or sensors. If you want capabilities beyond what you currently possess, you must develop materials that can provide that capability," the DRDO chairman said. He cautioned India against depending on foreign countries for material development technology. "You are not going to get it. They will give you the technology only once they have used it in their systems. And, when they move to the next generation technologies... when they give yo ...Read More >
Bengaluru : India's push toward clean mobility, green energy, and advanced manufacturing is facing a hidden vulnerability: its near-total reliance on imported rare-earth magnets. A new report by Primus Partners, From Extraction to Innovation: A Blueprint for Enhancing Rare Earth Magnet Ecosystem in India's EV Roadmap, outlines a national strategy to address this gap and build a self-reliant, globally competitive ecosystem for neodymium-iron-boron (NdFeB) magnets. The report underscores the urge ...Read More >
Rare earth elements are a group of 17 chemically similar metals indispensable to a wide range of advanced technologies. In the 21st century, strategic advantage is increasingly defined not just by control over oil or gas, but by access to critical minerals. Among these, rare earth elements (REEs) hold unparalleled importance. REEs are a group of 17 chemically similar metals indispensable to a wide range of advanced technologies. They are used in permanent magnets, which are essential for electr ...Read More >
Union Minister H. D. Kumaraswamy confirms an incentive scheme to ramp up domestic rare earth magnet production. Leading companies, including Mahindra & Mahindra, Uno Minda, and Sona BLW Precision Forgings, are eager to invest in local manufacturing facilities to support this strategic push. India has launched a Rs 1,345 crore incentive programme to enhance domestic production of rare earth magnets, aiming to reduce reliance on China. India's initiative responds to China's tightened export contr ...Read More >
India's Race For Rare Earth Independence: Breaking Free From China's Grip Sunday, June 08, 2025 by Indian Defence News India is accelerating efforts to reduce its dependence on China for rare earth magnets, a critical component in electric vehicles (EVs), renewable energy systems, and defence technologies. This urgency follows China's recent imposition of export restrictions on rare earth magnets -- a sector where it holds a near-monopoly, controlling about 70% of global rare earth element (REE ...Read More >
Sample of Earth Minerals. (Representative) Quick Read Summary is AI generated, newsroom reviewed. India is negotiating with companies to create long-term rare earth magnet stockpiles. The initiative aims to reduce dependence on China, which controls 90% of magnet processing globally. The government is considering fiscal incentives to boost domestic production of rare earth magnets. New Delhi: India is holding talks with companies to establish long-term stockpiles of rare earth magnets by ...Read More >
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 matter said. Building such a supply chain could take years, but would reduce India's dependence on shipments from China, which sent shockwaves across global industries, particularly autos, with its April 4 move to curb exports of rare earth materials. China controls 90% of the processing of su ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.