rare earth magnets

The government is considering a cascading localization provision for sourcing rare earth oxides, the people said. They spoke on the condition of anonymity as the scheme is still being finalized. …

MP Materials’ stock rocketed over 50% on Thursday after sealing a huge deal with the Pentagon. The US Defense Department will become the company’s biggest owner by buying $400 million …

India has initiated a step towards boosting local production of rare-earth magnets, aiming to significantly reduce its dependence on China for these vital electric-vehicle materials. The Indian government is planning …

Sona Comstar, India’s leading importer of rare earth magnets, is set to begin domestic production of these critical components used in electric vehicles (EVs). This move aligns with the government’s …

New Delhi, June 16 (PTI) India is hopeful of a positive outcome from its engagement with China to address issues related to Beijing’s export curbs on rare earth magnets, which …