India is prioritizing the development of domestic rare-earth permanent magnet (REPM) manufacturing to reduce import dependence, secure supplies of critical minerals, and support clean-energy, electric mobility, electronics, and defence sectors. The initiative aligns with national strategies such as the National Critical Minerals Mission and recent mining-policy reforms that promote exploration, processing, and private participation. Alongside international partnerships and resource acquisition efforts through KABIL, strengthening REPM capacity positions India to build resilient supply chains, advance self-reliance, and integrate more strongly into global value chains for advanced materials.
Click to View MoreIndia’s new policy exempts critical and atomic mineral mining projects from mandatory public hearings, aiming to fast-track approvals for defense, nuclear, and renewable sectors. While prioritizing national security and strategic needs, it requires strong environmental and social impact assessments to balance rapid resource extraction with sustainable development goals.
Click to View MoreIndia, with the world's fifth-largest rare earth reserves, faces challenges in domestic production due to complex extraction, radioactive elements, and atomic minerals classification. A shift in policy and investment is needed to leverage resources.
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