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At a time when China’s dominance over processing and manufacturing of rare earth magnets has posed risk to the global supply chain, the government Wednesday approved a Rs 7,280-crore scheme to promote ...

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The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday cleared a Rs 7,280-crore incentive scheme to promote domestic manufacturing of rare earth permanent magnets (REPMs). The move ...

The Union Cabinet today approved a ₹7,280 crore scheme at promote the manufacture of sintered Rare Earth Permanent Magnets (REPM). (Pexels Photo) The Union cabinet, chaired by Prime Minister Narendra ...

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday cleared a Rs 7,280-crore incentive scheme, intensifying the country’s push to build domestic capacity and reduce its dependence ...

NEW DELHI, Nov 26 (Reuters) - India has approved a 72.8 billion rupees ($815.74 million) rare earth permanent magnets manufacturing programme, the information minister said on Wednesday, in an effort ...

In yet another push to secure India’s supplies of rare earth magnets, the Union Cabinet on Wednesday (November 26, 2025) approved a new “first-of-its-kind” scheme, with a financial outlay of ₹7,280 ...

The US Department of Defense agreed to lend $700 million to producers of rare-earth magnets in a bid to increase domestic production of materials used in consumer electronics and weapons. The ...

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