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India is looking to reduce its reliance on China for rare earth minerals with a Rs 3,500-Rs 5,000 crore scheme to boost ...
The automobile industry had sought the government ‘s support in expediting approvals from the Chinese government for ...
Back home in India, however, the EV growth faces a new jolt–one that strikes the very heart of how an EV is built: it's ...
China is a major supplier of rare earth magnets. According to the US Geological Survey, Beijing has tripled its production ...
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ABP News on MSNIndia Set To Launch Rs 5,000 Crore Scheme To Boost Rare Earth Magnet Manufacturing: ReportThe planned scheme comes in the wake of China’s move in April to tighten export rules on rare earth materials, a development that has disrupted global supply chains ...
India, which imported more than 80% of its 540-ton magnet imports from China during the previous fiscal year, is witnessing a supply crisis. Above all, the prices of rare earth materials often spike ...
Earlier, Maruti Suzuki chairman R.C. Bhargava said his company's stocks of rare earth magnets will last until July. According to Bajaj Auto Ltd, the industry will face production cuts from July, if ...
Tata Motors Chairman N Chandrasekaran revealed at the company’s AGM that Jaguar Land Rover may be hit with a $2.1 billion ...
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The government is also planning to amend the Mines and Minerals (Development and Regulation) Act to support the critical ...
JLR told analysts it expects its revenue to dip from £29 billion in FY25 to £28 billion in FY26. The company flagged multiple headwinds such as steep US import duties, weaker demand in China, adverse ...
Tata Motors is actively seeking alternative sources for rare earth magnets and collaborating with the government following China's export restrictions on critical materials. Despite current stability, ...
Tata Motors Not Facing Any Immediate Supply Chain Issues For Now! Seeks To Explore Alternate Sources
Since China holds and controls the ability to control 90% of the processing of such magnets there have been reports that ...
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