India’s Race For Rare Earth Independence: Breaking Free From China’s Grip

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) mining and 90% of
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) mining and 90% of
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