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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Donald Trump Threatens China With 200% Tariffs: ‘They Have To Give Us Magnets Or..’

Donald Trump Threatens China With 200% Tariffs: ‘They Have To Give Us Magnets Or..’

Last Updated:August 26, 2025, 20:49 is Trump’s statement came at a time when China’s exports of rare-earth magnets have recovered to levels seen before Beijing imposed export curbs in April. US President Donald Trump (Reuters Image) US President Donald Trump threatened China on Tuesday, saying Beijing has to give Washington magnets or “we have to…

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