rare earth magnets News

Bajaj Auto Faces Production Halt as China's Rare Earth Magnet Curbs Deepen Crisis in India's EV Sector

Bajaj Auto may halt production of electric scooters in August due to China's rare earth magnet export curbs, impacting India's EV sector. The company explores alternatives amidst a...

India's Strategic Leap: Launching Rare Earth Magnets Production in Hyderabad to Curtail China Dependence

India is set to start domestic production of rare earth magnets in Hyderabad, aiming to reduce reliance on Chinese imports and enhance its critical technology manufacturing capabil...

India's Bold Move: Rs 1,345 Crore Plan to Break China's Rare Earth Magnets Monopoly

India plans a Rs 1,345 crore scheme to develop domestic rare earth magnets production, reducing reliance on China. Key companies show interest in local manufacturing, aiming to sec...