India pushes to build domestic rare-earth magnet capacity after China's export curbs

The Economic Times, carrying an ANI report, says Shaktikanta Das, a principal secretary to India's prime minister, said the government has begun measures to develop domestic rare-earth permanent magnet capacity. He said China's earlier export restrictions highlighted global dependence on its supplies, estimating that almost 80–90% of rare-earth magnet supply and its wider ecosystem originates in China.