Ministry of External Affairs spokesperson Randhir Jaiswal said that some Indian companies have received licenses for importing rare earth magnets from China.
Continental India, Hitachi, and Jay Ushin—have received initial approval to import the magnets, which are critical components for India’s automotive and electronics sectors.
The Ministry of External Affairs on Thursday said that some Indian companies have received licences to import rare earths from China. The minerals, vital for industries such as electronics, renewable ...
The development comes after US President Donald Trump earlier on Thursday said that the issue of rare earth with China has been 'settled' ...
India has secured approval for some domestic companies to import crucial rare earth magnets from China, vital for automotive and electronics sectors.
In a major strategic move, India is preparing to triple the size of its incentive program to boost domestic rare earth ...
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There is little dispute that India’s growth turned around in the early 1980s. Economic growth soared from about 3.5 per cent ...
China has granted Indian companies licences to import rare earth magnets, according to a government official speaking in New ...
The move follows China’s tightening of rare earth export controls in April, a decision that rattled global automakers and ...
New Delhi has faced challenges sourcing rare earths after China halted fertiliser and mineral exports to several countries, including India, last year.
The US aims to finalize a rare earths deal with China by Thanksgiving, suspending Beijing's export restrictions on critical ...