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China drought of rare earths to India in focus for Xi-Modi meet
Economic Times
·
2d ago
Medial
Prime Minister Narendra Modi and President Xi Jinping's upcoming meeting aims to resolve India's heavy rare earth magnet supply issues from China. Despite improved bilateral relations, Indian automakers still face shortages amid China's export curbs initiated during a trade clash with the US. While lighter rare-earth magnet shipments to India surged, heavy magnet approvals await. Automakers are seeking local production alternatives, but challenges remain, underscoring China's dominance in critical mineral supplies impacting electric vehicles and defense sectors.
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Related News
Lynas bets on new rare earths products, breaking China stranglehold
Livemint
·
1y ago
Medial
Lynas Rare Earths, an Australia-listed company, plans to separate two heavy rare earths used in electric vehicles and electronic gadgets at its plant in Malaysia. This move will help reduce China's dominant position in the rare earths market. Lynas has designed a new process that will produce separated dysprosium and terbium, which are critical minerals used in magnets, defense technologies, nuclear reactors, and more. This effort is part of Lynas' larger plan to increase its production capacity and offer an expanded range of rare earth products outside of China.
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India moves to conserve its rare earths, seeks halt to Japan exports, sources say
Economic Times
·
2m ago
Medial
India has instructed state-owned miner IREL to halt exports of rare earth elements to Japan, seeking to conserve the minerals for domestic use and reduce reliance on China. The rare earth materials, essential for producing electric vehicle motors, have been supplied under a 2012 agreement with Japan's Toyotsu Rare Earths India. With changes in global rare earth supply dynamics, India aims to bolster its domestic capabilities and negotiate the existing export agreements amicably.
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Apple to invest $500 million in rare earths mine operator MP Materials: Report - The Economic Times
Economic Times
·
1m ago
Medial
Apple is set to invest $500 million in MP Materials, the sole U.S. rare earths mine operator, to expand the production of rare earth magnets and reduce reliance on China. This partnership includes plans for Apple to buy U.S.-made magnets from MP’s Texas facility and build additional facilities in Texas and California. MP Materials shares rose following the news, and a U.S. government deal guarantees higher prices for certain rare earths to encourage domestic production.
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India's rare earths riddle: No quick fix as China holds the magnetic key
Livemint
·
2m ago
Medial
India faces challenges in boosting its rare earths production due to China's export restrictions and dominance in the market. Efforts by India are hindered by issues like raw material availability, access to technology, and unviable import duties. Despite seeking to meet with Chinese officials and evaluate production incentives, IREL's acting chairman, S.B. Mohanty, indicates that local manufacturing of rare earth magnets remains constrained in the short to medium term.
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Magnets, chips & a tech tug-of-war - The Economic Times
Economic Times
·
2m ago
Medial
Indian automakers are negotiating with China for stable rare earth magnet supplies after China's export controls affected production. These controls respond to U.S. limits on AI chips, affecting global trade talks. While the U.S.-China trade truce temporarily eased tensions, India aims to secure better terms with both nations by distinguishing between strategic and commercial interests. China’s restrictions on rare earths are seen as tactical to maintain its tech edge, but nations like India are pushing for reliable supply chains.
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China releases interim measures for regulating rare earths industry
Economic Times
·
9d ago
Medial
China has issued interim measures to regulate its rare earths industry, including mining, smelting, and separation activities. As the world's leading supplier of these vital minerals used in electric vehicles, wind turbines, and defense sectors, China seeks to protect its domestic industry. The regulations follow a public consultation initiated in February.
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China may relax rare earth export curbs for some chip companies
Economic Times
·
3m ago
Medial
China is considering easing rare earth export controls for certain Chinese and European semiconductor companies, according to state media. Initially, China placed export restrictions on rare earths, requiring all exporters to obtain licenses, causing delays and confusion. The potential relaxation follows discussions between Chinese officials and European semiconductor firms about accelerating approval processes to stabilize supply chains. European industries have expressed urgent concerns over potential production halts due to input shortages.
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China says improving ties with India is in interest of both sides
Economic Times
·
2d ago
Medial
China and India are taking steps to stabilize and improve bilateral relations, following a meeting between Xi Jinping and Narendra Modi. China's Foreign Ministry emphasizes the importance of Sino-Indian relations as a mutual interest, ensuring no secret diplomacy, just regular communication. Efforts include resuming dialogues and exchanges, with India recently easing restrictions, such as issuing tourist visas for Chinese nationals. Challenges remain, but these developments could significantly affect global dynamics, especially concerning US-China-India interactions.
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Xi Jinping's secret letter to New Delhi that likely brought India-China ties back to life
Economic Times
·
3d ago
Medial
Chinese President Xi Jinping sent a letter to Indian President Droupadi Murmu proposing improved relations and expressing concerns about US deals affecting China. This outreach led India to rethink its ties amid contentious US trade talks and US-initiated tariffs. Following Xi's letter, India and China agreed to address border disputes and Prime Minister Modi planned a China visit. The shift reflects India's strategic autonomy amid US pressures, especially concerning Russian oil imports.
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How China is playing a twin-track game with India
Economic Times
·
2m ago
Medial
China is exerting trade pressure on India by delaying or halting exports of rare earths, specialty fertilizers, and machinery, impacting India's tech and agricultural sectors. This strategic leverage reflects China's dominance in these critical supply chains. The obstructions serve as a geopolitical maneuver, possibly in response to India's restrictions on Chinese investments post-Galwan clash. India is diversifying its sources, but the short-term disruptions test its economic resilience while diplomatic dialogues continue.
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