Search For "rare earth magnets"
Primus Partners chalks roadmap for India to steer its rare earth strategy
Updated : 7 months ago IST
India is moving ahead to secure its rare earth supply chain, a critical component of its clean energy and electric mobility transition. A new report titled "From Extraction to Innovation" by Primus Partners outlines a comprehensive roadmap to achieve self-reliance in rare earth magnets under
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Five-pillar plan to make India self-reliant in rare earth magnet productio
Updated : 7 months ago IST
A report by advisory firm Primus Partners has outlined a comprehensive five-pillar blueprint to localise the production of rare earth magnets in India, which is aiming to secure the country's electric vehicle (EV) future and reduce its near-total dependence on Chinese imports.
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Apple to use only US-made rare earth magnets, commits an additional USD 10
Updated : 7 months, 1 week ago IST
Technology giant Apple has announced a major push to expand its manufacturing base in the United States, including a decision to exclusively use rare-earth magnets made in the country.
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Centre to provide technology to private factories to ramp up rare earth ma
Updated : 8 months ago IST
The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy.
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India to boost rare earth magnet production amid China’s supply curbs: G K
Updated : 8 months ago IST
Speaking to ANI, the minister said, "The Central Government has decided to produce rare earth magnets in Hyderabad. Our Mining Ministry's NFTSM institute is working diligently, along with various industries, to manufacture the necessary machinery."
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ICEA Chairman welcomes rare earth magnet incentives, terms it "timely" int
Updated : 8 months ago IST
Pankaj Mohindroo, Chairman of India Cellular and Electronics Association (ICEA), welcomed the central government initiatives to ramp up rare earth magnets production in India, particularly the incentives the latter is earmarking for.
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Rs 1,345 crore allocated to incentivise rare earth magnets production: Min
Updated : 8 months ago IST
The central government has earmarked Rs 1,345 crore to incentivise rare earth magnets production in India, aimed at building domestic capacity when there are reports of global short supply.
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Shortage of rare earth magnets can decelerate India's automotive ride, Cri
Updated : 9 months ago IST
Rare earth magnets, low in cost but critical in function, could emerge as a key supply-side risk for India's automotive sector if China's export restrictions and delays in shipment clearances persist, according to a report by Crisil Ratings.
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Supply uncertainty of rare earth magnets from China could weigh auto indus
Updated : 9 months ago IST
Rare-earth magnet inventories are likely to 'taper off' by mid-July 2025 for the automobile industry, weighed down by the export restrictions from China and ensuing shipment delays, according to a release by rating agency ICRA.
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