China’s Export Curbs Threaten India’s ₹7,300 Crore Rare Earth Magnet Manufacturing Plan
India’s ambitious ₹7,300 crore initiative to build a domestic rare earth magnet manufacturing ecosystem has hit a major roadblock following China’s decision to tighten export controls on key processing equipment. The move, announced by China’s Bureau of Security and Control, includes restrictions on centrifugal extraction machinery and intelligent impurity-removal systems—both critical for rare earth element…
