Page 2 - Metals & Minerals

Tech hegemony: Now, China's rare-earth experts face travel restrictions

This move by China means Indian auto companies will be left with only one option - to import the full motors powered by the magnets - which will only increase the cost of the vehicle

Quad launches critical minerals initiative to counter China's dominance

The Quad grouping has launched an ambitious initiative to ensure a stable supply of critical minerals under a broader goal to strengthen economic security amid concerns over China's coercive tactics, including price manipulation and restrictions on the export of the vital resources. The decision on rolling out the "Quad Critical Minerals Initiative" was announced after a meeting of foreign ministers of the member nations of the grouping in the US capital on Tuesday. Critical minerals such as lithium, nickel and graphite are considered vital for high-end technology products, including electric vehicles (EVs), drones, and battery storage. China has been a dominant player in the critical minerals supply chain globally. The meeting was attended by External Affairs Minister S Jaishankar, US Secretary of State Marco Rubio, Australian Foreign Minister Penny Wong and her Japanese counterpart Takeshi Iwaya. In a joint statement, the Quad foreign ministers expressed "deep concern" over the

India sends geologists to Zambia to explore copper, cobalt deposits

The exploration project will last for three years and most of the analysis will be done in laboratories in India

Brics to take up rare earth export curb issue at leaders summit in July

China controls around 70 per cent of global rare earth elements (REE) mining output and accounts for about 90 per cent of the world's processing and refining of rare earth elements

Rare earth curbs to affect ICE vehicles as well: Automobile industry

China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of rare earth magnet production, giving it overwhelming leverage in this segment

Indian auto delegation yet to leave for China for rare earth magnets talks

Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Staring at shortages, the domestic automobile industry has also sought government support in expediting approvals from China to import rare earth magnets. "They (Chinese authorities) have not given any appointment so far, so the delegation is yet to leave. Situation is bad as not even a single license has been issued to us so far," a source told PTI. If the situation remains like this, the domestic automobile industry will be staring at shortages resulting in significant production losses, the source added. The domestic auto industry is forced to take steps as the Chinese government has p

Mercedes-Benz India unfazed by China rare-earth magnets supply curbs

Company is 'comfortably placed' this year in sourcing critical supply, says automaker

Govt, industry working to address rare earth magnet issues: Meity official

The government, industry and academia are working to resolve the issues concerning rare earth magnets, which are used in the automobile sector and other devices, a senior Meity official said on Friday. The technology exists to make rare earth magnets but to produce them at a commercially competitive rate is a challenge, Ministry of Electronics and IT, Additional Secretary, Amitesh Sinha said. Speaking on the sidelines of the Tec-Verse event showcasing PSU technology research, Sinha said that to solve the issues concerning rare earth, all three partners - government, industry and academia - are doing their work. "Technology is there, but we have to see how commercially we can do it at a competitive price. So that is the main challenge. The government will surely work because these things are now becoming strategic and important," Sinha said. The Centre for Materials for Electronics Technology (C-MET), a research unit under Meity, at the event signed a transfer of technology agreemen

Tata Motors has 'comfortable' stocks, supplies of rare-earth magnets

Company open to hybrids if market demands but thinks it is not a destination tech

Tata Motors says no 'panic button' pressed yet on rare-earth magnet curbs

Tata Motors says production remains unaffected by China's rare-earth export curbs; JLR to raise prices to manage US tariffs as alternate sources and technologies are explored

Rare earth magnet crisis may be too good to waste for India's EV ambitions

China's near monopoly on rare earths has rattled Indian automakers, triggering a diplomatic push and renewed urgency for local processing capacity

US-China trade truce likely leaves military-use rare earth issue unresolved

Beijing has not committed to grant export clearance for some specialised rare-earth magnets that US military suppliers need for fighter jets and missile systems

Rare earth materials on the table as India, China agree to discuss trade

India and China agree to hold functional dialogues on trade, rare earth supply, direct flights and visa facilitation during Vice Foreign Minister Sun's visit to Delhi

India wants to leverage Japan ties for magnets, revisiting rare-earth deal

India is considering a short-term revamp of its rare earth agreement with Japan to secure magnet supply as China disruptions highlight gaps in domestic sourcing

Major Chinese maker of rare-earth magnets gets green light for US exports

JL Mag Rare-Earth Co. said that officials approved a certain number of export applications, and the company had permits for regions including the US, Europe and Southeast Asia

Critical rare earth magnet importers look to invoke 'force majeure'

Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China

Auto sector faces slowdown due to rare earth magnet shortage: Crisil

Automakers may face production delays from July as rare earth magnet supply tightens following China's export curbs, with Crisil warning of disruptions in EV and hybrid output

Govt likely to amend laws to let firms explore critical minerals overseas

India will amend the Mines and Minerals Act 2023 to permit use of ₹5,600 crore for overseas critical mineral exploration and introduce a tailings policy to support extraction

Incentives for minerals recycling in final stages of approval: Govt report

The scheme, which will includes lithium-ion batteries, will give capex subsidy to eligible recyclers, according to the document shared with reporters

Global alarms rise as China's critical mineral export curbs takes hold

German automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle local economies, following similar complaint from an Indian EV maker last week