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Sona Comstar, India's biggest importer of rare earth magnets, plans to locally manufacture the critical components used in electric vehicles, tapping into a government push to incentivise their ...

Unlike semiconductors, which have a diversified global supply base, over 90% of rare earth magnet processing is concentrated in China, leaving limited short-term alternatives.

The partnership between MP Materials and DOD includes the construction of the 10X magnet manufacturing facility.

A powerful magnitude 7.7 earthquake that struck Myanmar on March 28, 2025, became a widespread catastrophe due to the collapse of vulnerable buildings, which directly led to the majority of deaths ...

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IREL bets on rare earth magnet production: Know about this Miniratna PSU IREL (India), the government-run Miniratna PSU, has begun production of rare earth magnets and metals like Samarium-Cobalt ...

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MHI HD Kumaraswamy said that the government will decide on a scheme to support domestic production of rare earth magnets within15-20 days ...

As Chinese restrictions on rare earth magnet exports tighten, India's auto component industry is facing growing uncertainty.