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.
Western businesses allege China is demanding confidential company data, including client lists and production details, to approve rare earth exports, raising concerns over trade secrets. The move comes amid tighter export rules and growing global reliance on China for key materials used in e
India on Thursday said it is in touch with the Chinese side, seeking predictability in the supply of rare earth metals -- which had been put under the export controls regime by the Xi administration.
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.
Chinese Foreign Ministry spokesperson Lin Jian on Thursday stressed that the China-US trade meeting was held under the strategic guidance of the two heads of state, and the two sides reached a consensus in principle on the framework of measures to implement the important consensus reached by
The East Turkistan Government in Exile has condemned a proposed U.S.-China rare earth trade deal, calling it a betrayal of Uyghurs facing genocide and forced labour. They urged the U.S. to reject the agreement and support East Turkistan's independence and ethical mineral sourcing.
US President Donald Trump on Wednesday confirmed that the US reached a "deal" with China following intense trade negotiations in London and now stands subjected to approval by him and Chinese President Xi Jinping.
Commerce and Industry Minister Piyush Goyal described China's rare earth export restrictions as a global "wake-up call" on Monday, emphasising that India is actively building alternative supply chains while positioning itself as a trusted partner for international businesses seeking to reduc
The Indian automobile industry is expected to face disruptions following China's decision to tighten export controls on rare earth elements (REEs), which are critical in manufacturing chips used in automobiles, according to a report by Emkay Research.
Commerce and Industry Minister Piyush Goyal described China's rare earth export restrictions as a global "wake-up call" on Monday, emphasising that India is actively building alternative supply chains while positioning itself as a trusted partner for international businesses seeking to re
India and Central Asian countries have expressed interest in joint exploration of rare earth and critical minerals at the recently held India-Central Asia Dialogue.
China's recent restrictions on rare earth resources are being seen as a response to US export controls on advanced semiconductor technology, according to a report by Jefferies.