India Aims to Boost Rare Earth Magnet Production to 5,000 mt by 2030, Reducing Import Dependence

Published: Mar 27, 2026 13:13

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India is expected to increase domestic production of rare earth permanent magnets, such as lithium, targeting 5,000 mt by 2030. This move aims to reduce reliance on imports and gradually establish a solid foundation for critical minerals in China.

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