India Bets $800 Million to Break China’s Grip on Crucial Magnets

By on    POLICIES  

India Bets $800 Million to Break China’s Grip on Crucial Magnets

In a major push for strategic self-reliance, the Indian government has approved a ₹73 billion (approximately $800 million) incentive package to build a domestic industry for rare earth permanent magnets. The move targets China’s overwhelming dominance in a sector vital for electric vehicles, wind turbines, consumer electronics, and advanced defense systems. The plan, cleared in […]

Chronology: How Rare Earths Triggered Concerns Across Globe in 2025

By on    REPORTS  

Chronology: How Rare Earths Triggered Concerns Across Globe in 2025

The rare earths sector moved decisively into the geopolitical and strategic spotlight in 2025, as governments and markets increasingly treated these minerals as critical assets rather than ordinary industrial inputs. The year opened with China reaffirming tight regulatory oversight of rare earth mining, refining and exports, underlining its continued dominance in a supply chain that […]