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Last Updated:May 27, 2026, 03:25 IST By hardcoding this bilateral compact, India and the United States have laid down a robust, future-proof blueprint for resource security While several nations possess raw underground reserves of rare earth elements, China currently controls over 70 per cent of the world’s refining capacity. (Representational pic/AP) In a major geopolitical…
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the scheme to promote the manufacturing of Sintered Rare Earth Permanent Magnets in the country with an investment of Rs 7,280 crore. This first-of-its-kind initiative aims to establish 6,000 metric tons per annum of integrated rare earth permanent magnet (REPM) manufacturing…
China has introduced a revolutionary technology that can significantly enhance the efficiency of rare earth element production, achieving what has been described as “unprecedented” recovery rates. As per a study published in the Chinese Academy of Sciences (CAS) as cited by South China Morning Post (SCMP), this innovative method based on electric fields has managed…