India Approves $815 Million Rare Earth Plan to Boost Output

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Preeti Soni

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India Plans to Triple Rare Earth Magnets Program to $788 Million

India Plans to Kickstart Rare-Earth Output to Cut China Reliance

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India’s cabinet approves a $815 million incentive program for rare earth magnets.

India Approves $815 Million Rare Earth Plan to Spur Local Output

Rare earth magnets.

India’s cabinet has approved a 72.8 billion rupee ($815 million), seven-year incentive program for rare earth magnets, intensifying the country’s push to build domestic capacity and reduce its dependence on China.

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