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India to chip in with 5 pct of global rare earth output

Reuters  |  NEW DELHI 

By Krishna N DasNEW DELHI (Reuters) - India is commissioning a plant to produce up to 5,000 tonnes of rare earths a year, a state company official told Reuters, which could help it contribute about 5 percent to the global supply of the metals used in cameras, cars, iPhones and wind turbines.India's emergence as a supplier, albeit a small one, would be good news for countries like Japan, which up to now have had to rely mostly on China for rare earths production.The plant in Odisha would produce rare earth oxides by processing monazite from beach sand, said S. Surya Kumar, head of the Rare ...

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First Published: Thu, August 28 2014. 16:55 IST