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Omkart

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important news ‼️ ⚠️ China restricts exports of seven rare earth metals to all countries. Samarium Gadolinium Terbium Dysprosium Lutetium Scandium Yttrium These elements are crucial for various high-tech applications, including electronics , renewable energy systems, defence systems etc amid this move Rare earth metal prices spiked by over 12% in spot markets

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India’s EV Makers Hit by Rare Earth Shortage Amid China Curbs Indian electric vehicle manufacturers are facing supply disruptions due to China’s export restrictions on key rare earth elements like neodymium and dysprosium, essential for EV motors.

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