In recent weeks, the world has been facing a rare earths shortage in light of curbs from China. Auto manufacturers across India, the U.S., Japan, South Korea and Germany have been affected. In response, Indian officials are evaluating how Indian Rare Earths (IREL), a government-owned company, can be leveraged to increase REE production, sources told CNBC-TV18. The report comes just days after India’s Union Minister of Commerce and Industry Piyush Goyal called China’s pause in exports of rare earth elements a “wake-up call” for the world and an opportunity for India to provide an alternative.
fredag 13. juni 2025
India moves to tap its rare earth reserves. Experts say it could become an alternative to China
India, like many countries, is grappling with Beijing’s restrictions on rare earth element (REE) exports — and it wants to develop its own domestic supplies. Experts say it could become an important alternative to China in the sector, but will require much more public and private investment.
In recent weeks, the world has been facing a rare earths shortage in light of curbs from China. Auto manufacturers across India, the U.S., Japan, South Korea and Germany have been affected. In response, Indian officials are evaluating how Indian Rare Earths (IREL), a government-owned company, can be leveraged to increase REE production, sources told CNBC-TV18. The report comes just days after India’s Union Minister of Commerce and Industry Piyush Goyal called China’s pause in exports of rare earth elements a “wake-up call” for the world and an opportunity for India to provide an alternative.
In recent weeks, the world has been facing a rare earths shortage in light of curbs from China. Auto manufacturers across India, the U.S., Japan, South Korea and Germany have been affected. In response, Indian officials are evaluating how Indian Rare Earths (IREL), a government-owned company, can be leveraged to increase REE production, sources told CNBC-TV18. The report comes just days after India’s Union Minister of Commerce and Industry Piyush Goyal called China’s pause in exports of rare earth elements a “wake-up call” for the world and an opportunity for India to provide an alternative.
