Rare Earth Magnets

Disruption in Supply of Rare Earth Magnets

Official Press

01 Aug 2025

India is facing disruptions in the supply of Rare Earth Magnets (REM) primarily imported from China. The Ministry of Heavy Industries has highlighted the import statistics and the dependency on Chinese imports. The National Critical Mineral Mission has been established to enhance domestic capacity and resilience in critical minerals, including Rare Earth Elements (REE). The Ministry of Mines is also funding R&D projects related to REE, with a total of 11 projects approved for the fiscal years 2023-24 and 2024-25, amounting to ₹9.33 crore.

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Recent Diplomatic Updates from India's Ministry of External Affairs

Key Diplomatic Updates from the Ministry of External Affairs

India-Sri Lanka HTA Workshop Commences for Health Technology Assessment

VOC Port Hosts Key Event on AI Advances in Maritime Operations