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

[SMM Rare Earth News Flash] On May 10, the spokesperson of the Ministry of Commerce answered reporters' questions regarding issues related to China-U.S. economic and trade consultations. A reporter asked: There have been recent reports that China and the U.S. will soon hold the next round of economic and trade consultations. Does the Ministry of Commerce have any latest updates? Answer: As agreed upon by both China and the U.S., He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, will lead a delegation to South Korea from May 12 to 13 to hold economic and trade consultations with the U.S. side. Both sides will be guided by the important consensus reached by the two heads of state during their Busan meeting and previous phone calls, and will conduct consultations on economic and trade issues of mutual concern.