The Prime Minister's Office (PMO) has requested further industry consultations before implementing a Rs 1,350 crore incentive scheme for domestic manufacturing of heavy rare earth magnets.

The Defense Department (DOD) is investing in MP Materials to undercut China’s rare-earth magnet dominance. China dominates the supply ...

As Donald Trump brandishes US export controls on technology as a bargaining chip to wrest supplies of rare earth magnets from Beijing, China is showcasing what it can do without the most advanced ...