India eyes rare earth magnet self-reliance; incentive scheme likely...

India eyes rare earth magnet self-reliance; incentive scheme likely soon to counter China

Posted

India aims to tackle the rare earth magnet supply issues. The nation plans to boost domestic production and cut dependence on China. Incentives are in the works for magnet processing units. Midwest will produce 500 tonnes this year, scaling up to 5,000 tonnes next year. Government is exploring sourcing from Japan and Vietnam.

Read Full Article

Please log in to like, share and comment!

National
International
Business
Technology
Health
Ausbildung
Sports
Entertainment
Travel
Environment
Science
Law
Agriculture
Real Estate
Opinion
Religion
Weather
Automotive
Social Issues
Culture
Sci-Fi & Future