The refining gap in India’s critical-mineral supply chain
The Economic Times reports India relied entirely on imports for lithium, cobalt and nickel in FY23.
TLDR
India has critical-mineral resources, but converting ore into refined materials and finished products remains a bottleneck, The Economic Times reports. It says China’s 2025 restrictions on some rare-earth exports exposed manufacturers’ dependence on imported magnets. India’s National Critical Mineral Mission targets four regional processing parks by FY31, while a separate scheme aims to build 6,000 tonnes a year of integrated magnet capacity.
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