Tag: India rare earth magnet scheme
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India: Govt floats tender to build rare earth magnet manufacturing capacity of 6,000 t/year
INR 7,280 crore incentive scheme targets full value chain integration Incentives aim to reduce India’s dependence on China for critical minerals India has invited global bids to establish integrated sintered neodymium iron boron (NdFeB) rare earth magnet manufacturing facilities — with a cumulative capacity of 6,000 tonnes per annum (t/year) — under an INR 7,280 crore…