Reducing acute dependence, countering China’s near monopoly:...

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Reducing acute dependence, countering China’s near monopoly: India readies Rs 5,000 crore scheme for rare earth minerals

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India is looking to reduce its reliance on China for rare earth minerals with a Rs 3,500-Rs 5,000 crore scheme to boost domestic production. This initiative comes as China's export restrictions on rare earths have raised concerns in the Indian automotive and renewable energy sectors.

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