Cabinet Clears Rs 7,280-Crore Scheme To Boost Rare Earth Magnet Manufacturing Amid China’s Export Curbs

Cabinet Clears Rs 7,280-Crore Scheme To Boost Rare Earth Magnet Manufacturing Amid China’s Export Curbs

Last Updated:November 26, 2025, 6:18 PM IST The Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets aims to create a REPM manufacturing capacity of 6,000 MTPA, in order to reduce import dependence. Information and Broadcasting Minister Ashwini Vaishnaw briefs reporters on the Cabinet decisions today. The Union Cabinet, chaired by Prime Minister Narendra…

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Mines Ministry Reviews Progress Of Rs 1,500-Crore Critical Mineral Recycling Scheme

Mines Ministry Reviews Progress Of Rs 1,500-Crore Critical Mineral Recycling Scheme

New Delhi: The progress of implementation of the Rs 1,500 crore incentive scheme for critical mineral recycling was reviewed on Tuesday by Piyush Goyal, Secretary, Ministry of Mines. Besides Ministry officials, it was attended by Jawaharlal Nehru Aluminium Research, Development Design Centre (JNARDDC), Nagpur, an autonomous institute of the Ministry of Mines, which has been…

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Rs 25,000 Cr Export Mission, New Royalty Rate For Critical Minerals: How India Is Now Thinking Beyond US, China

Rs 25,000 Cr Export Mission, New Royalty Rate For Critical Minerals: How India Is Now Thinking Beyond US, China

Just a few months ago, the United States imposed a steep 50% tariff on several Indian products, delivering a major blow to Indian exporters. The move prompted policymakers in New Delhi to confront an uncomfortable reality — that America, with its unpredictable trade policies and shifting priorities, cannot always be counted on as a dependable…

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China Made ‘A Real Mistake’ With Rare-Earth Export Curbs: US Treasury Secretary

China Made ‘A Real Mistake’ With Rare-Earth Export Curbs: US Treasury Secretary

Last Updated:November 01, 2025, 5:02 PM IST Scott Bessent criticised Beijing’s decision to tighten control over rare earth exports and said the move revealed China’s readiness to weaponise materials vital to defence systems. US Treasury Secretary Scott Bessent. (File/Reuters) US Treasury Secretary Scott Bessent has said that China has made a “real mistake” by threatening…

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‘ये चीन Vs वर्ल्ड है…’, रेयर अर्थ मिनरल्स पर अमेरिका ने ड्रैगन के खिलाफ मांगा भारत का सपोर्ट

‘ये चीन Vs वर्ल्ड है…’, रेयर अर्थ मिनरल्स पर अमेरिका ने ड्रैगन के खिलाफ मांगा भारत का सपोर्ट

Right now a new political and economic situation is being created in the world. America wants India and Europe to join hands with it to stop China’s control over rare earth minerals. But the interesting thing is that on one hand America is imposing heavy tariffs on India and on the other hand it is…

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India Aims To Become Self-Reliant In Critical Minerals, Exploring Tie-Ups Globally: MEA

India Aims To Become Self-Reliant In Critical Minerals, Exploring Tie-Ups Globally: MEA

NEW DELHI: In order to reduce reliance on imports of critical and rare earth minerals from one country, India is exploring other destinations in the international markets to meet its domestic demand, said Mahaveer Singhvi, Joint Secretary, NEST, Ministry of External Affairs, today. Speaking at the 6th International Energy Conference and Exhibition in New Delhi,…

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India Begins Critical Minerals Journey To Strengthen Supply Chain Resilience

India Begins Critical Minerals Journey To Strengthen Supply Chain Resilience

New Delhi: The Union Cabinet has approved a Rs 1,500 crore incentive scheme under the National Critical Mineral Mission (NCMM) to boost India’s recycling capacity for critical minerals from secondary sources such as e-waste, lithium-ion battery scrap, and end-of-life vehicle parts. By fostering both new and existing recyclers, the initiative aims to build 270 kilo…

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