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Buenos Aires: India and Argentina on Saturday agreed to diversify two-way trade and ramp up cooperation in defence, critical minerals, pharmaceutical, energy and mining sectors, with Prime Minister Narendra Modi emphasising on taking the ties between the two natural partners to "greater heights". Prime Minister Modi held wide-ranging talks with Argentine President Javier Milei, a day after landing at the South American nation in the third leg of his five-nation tour. Though Modi visited Argenti ...Read More >
Hyderabad (Telangana) [India], July 3 (ANI): Union Minister G Kishan Reddy on Thursday said the central government is actively encouraging private companies to mine and explore critical minerals overseas and bring them back into the country to serve the needs of the domestic industry. "We are encouraging private companies to mine and explore critical minerals overseas. We are for Indian private companies mining overseas and bringing minerals back into India. We are actively encouraging them," R ...Read More >
New Delhi: Prime Minister Narendra Modi embarked on a five-nation tour on Wednesday that will take him to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia. Coming at a time of growing geopolitical flux and strategic competition for critical resources, the visit underscores New Delhi's twin goals - deepening South-South cooperation and securing access to rare earth minerals crucial for India's green and technological future. Modi will be in Ghana on July 2-3, Trinidad and Tobago on Ju ...Read More >
New Delhi, Jul 1 (PTI) State-owned CIL on Tuesday said it has signed an MoU with Hindustan Copper to work together in the critical mineral sector. The two companies executed the non-binding Memorandum of Understanding (MoU) on Monday to collaborate across various aspects in the copper and critical minerals sectors, CIL said in a BSE filing. Earlier, CIL and IREL (India) Ltd had signed a non-binding MoU to cooperate and collaborate on the development of critical minerals. The MoU aims to promot ...Read More >
New Delhi: Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Staring at shortages, the domestic automobile industry has also sought government suppor ...Read More >
New Delhi, Jun 29 (PTI) Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Also Read | Bodoland Lottery Result Today, June 29, 2025: Assam State Lott ...Read More >
New Delhi, Jun 29 (PTI) Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Staring at shortages, the domestic automobile industry has also sought gov ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside La ...Read More >
New Delhi, Jun 27 (PTI) The government, industry and academia are working to resolve the issues concerning rare earth magnets, which are used in the automobile sector and other devices, a senior Meity official said on Friday. The technology exists to make rare earth magnets but to produce them at a commercially competitive rate is a challenge, Ministry of Electronics and IT, Additional Secretary, Amitesh Sinha said. Speaking on the sidelines of the Tec-Verse event showcasing PSU technology res ...Read More >
New Delhi: Ratings agency ICRA on Thursday lowered domestic passenger vehicles wholesale volume growth forecast to 1-4 per cent for FY26, citing concerns over high inventory levels and shortage of critical components such as rare earth magnets for especially for electric vehicles. ICRA had earlier pegged the passenger vehicles (PV) wholesale volume growth for FY26 at 4-7 per cent over FY25. The downward revision is "led by concerns regarding high inventory levels and supply shortage of critica ...Read More >
New Delhi: The Ministry of External Affairs (MEA) said that India is in touch with China on several economic and trade issues, including the supply chain issue of rare earth materials. Addressing a weekly briefing on Thursday, Jaiswal said, "On trade issues on rare earth, yes, we have been in touch with the Chinese side, both in Delhi and also in Beijing, and we have been talking to them as to how we can streamline the supply chain issue on rare earths." "We are in touch with the Chinese side o ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs (MEA) said that India is in touch with China on several economic and trade issues, including the supply chain issue of rare earth materials. Addressing a weekly briefing on Thursday, Jaiswal said, "On trade issues on rare earth, yes, we have been in touch with the Chinese side, both in Delhi and also in Beijing, and we have been talking to them as to how we can streamline the supply chain issue on rare earths." Also Read | Shub ...Read More >
New Delhi: The Ministry of External Affairs (MEA) said that India is in touch with China on several economic and trade issues, including the supply chain issue of rare earth materials. Addressing a weekly briefing on Thursday, Jaiswal said, "On trade issues on rare earth, yes, we have been in touch with the Chinese side, both in Delhi and also in Beijing, and we have been talking to them as to how we can streamline the supply chain issue on rare earths." "We are in touch with the Chinese side ...Read More >
The IEA reports weakened investment momentum in critical minerals in 2024, despite strong demand expectations. Exploration plateaued, and funding for startups slowed. Refined material production concentrated among top suppliers like Indonesia and China, increasing geographic concentration. Surging supply, particularly from these nations, drove down prices for battery metals, with lithium prices plummeting over 80% since 2023.Investment decisions in the global critical mineral sector face signifi ...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 >
With the electric 2- and 3-wheeler, passenger and commercial vehicle segments registering robust sales and high double-digit YoY growth, highest-ever retail sales in May improve upon April 2025's 169,003 units and set the foundation for a fiscal which promises to achieve the 2-million milestone for the first time. But a spoiler looms ahead in the form of disrupted supplies of rare earth magnets from China, which could hamper production and impact sales later this year. In a significant developm ...Read More >
NEW DELHI - India and five central Asian countries have expressed interest in jointly exploring for rare earths and critical minerals, they said in a joint statement on June 6 after the fourth meeting of the India-Central Asia Dialogue. The announcement comes amid global alarm over China's decision to curb exports of rare earth alloys, mixtures and magnets, spooking industries ranging from automobiles and clean energy to defence. India and the central Asian countries - Kazakhstan, Kyrgyzstan, ...Read More >
New Delhi, June 7: Japanese carmaker Suzuki Motor has reportedly paused the production of its Swift compact cars at factories in Japan. The halt is said to be due to a shortage of key components, which has been caused by China's restrictions on exporting rare earth materials. These rare earth elements are essential in the manufacturing of vehicles. As per reports, the supply chain issues triggered by the export curbs have impacted Suzuki's ability to maintain output levels for its Swift model. ...Read More >
NEW DELHI (Reuters) - India and five central Asian countries have expressed interest in joint exploration of rare earths and critical minerals, they said in a joint statement on Friday after the fourth meeting of the India-Central Asia Dialogue, held in New Delhi. They also called upon relevant authorities for an early meeting of the India-Central Asia Rare Earth Forum. (Reporting by Shivam Patel, writing by Sakshi Dayal; Editing by Alex Richardson) ...Read More >
India's electric vehicle (EV) sector is facing a major hurdle due to China's restrictions on the export of rare earth metals. These materials are key components in the production of EV motors, and their restricted import from China has made things difficult for several Indian companies. The issue was highlighted in a recent report by Jefferies, which warned that this could severely impact motor production and jeopardize the entire supply chain. ...Read More >
India's electric vehicle (EV) sector is staring at a potential supply chain crisis as China's tightening export controls on rare earth magnets threaten to disrupt the production of critical EV components, according to a recent Jefferies report. The report highlights that several Indian companies are struggling to import magnets -- crucial for EV motors -- from China, which dominates over 90 per cent of the world's magnet supply. With existing inventories depleting fast, Indian manufacturers fear ...Read More >
New Delhi, Jun 6 (PTI) The incentive scheme for recycling of critical minerals, such as copper, lithium, nickel, cobalt and rare earth elements, is in the final stages, a mines ministry official said on Friday. The Union budget has allocated Rs 1,500 crore for recycling of critical minerals under the National Critical Mineral Mission (NCMM), Joint Secretary in Mines Ministry Dinesh Mahur said during an event here. He said, "the incentive scheme for recycling is in its final stages." Earlier, t ...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: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could ...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 >
The escalating U.S.-China trade tensions are evident with Washington's new semiconductor curbs. China's potential retaliation could target U.S. firms like Intel and PVH Corp. Beijing's tools include the Unreliable Entities List, export controls on critical minerals, and dual-use curbs, impacting numerous technology sectors. The U.S.-China trade tensions are escalating due to Washington's recent semiconductor industry restrictions on China, sparking fears of potential reprisals from Beijing. Ch ...Read More >
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