Page 3 - Metals & Minerals

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

Rare earth magnet crisis: India's auto sector to head to Beijing for talks

Indian auto leaders to meet Chinese officials next week, aiming to resolve rare earth magnet export delays that threaten electric vehicle production and supply chain stability

MHI moves closer to rare earth magnet scheme, calls June 3 stakeholder meet

The industry group also suggested a delegation of auto-company representatives go to China to take up the matter with the authorities there

Trump admin to weigh request for leasing seabed mining of critical minerals

The Trump administration said Wednesday that it will consider selling leases to extract minerals from the seabed off the South Pacific island of American Samoa, a potential first step in a wider industry push to allow deep-sea mining that environmentalists oppose because they say it could irreparably harm marine ecosystems. The Department of Interior said it is responding to an April request from California-based company Impossible Metals for a commercial auction. The company wants to mine the ocean floor for deposits of nickel, cobalt and other critical minerals. Last month, President Trump signed an executive order directing the National Oceanic and Atmospheric Administration to fast-track permits for companies to mine the ocean floor in US and international waters. The move comes amid the Trump administration's trade war with China, which controls many critical minerals such as nickel, cobalt and manganese used in high-tech manufacturing, including for military uses. Critical ..

Global consulting firms keen to back Vedanta's $20 bn expansion projects

Several global consulting firms have shown interest in implementing Vedanta Ltd's USD 20-billion expansion projects spanning multiple segments, and the metal major will finalise the company in the current quarter, an official said. Vedanta plans to significantly expand its operations over the next three years, as it restructures into four entities -- Vedanta Aluminium, oil and gas, power, and iron and steel. Speaking with PTI, Vedanta Ltd Executive Director Arun Misra, said that "So, we have raised a global EOI and we have got multiple interests. We are finalising partners over a couple of weeks time....imagine a post-demerger, we have multiple businesses all listed and in that case, we at the group work as a private equity so that the EOI has witnessed multiple interests." When asked to name the companies which have shown interest, Misra said that "there are numerous and think of any large global consulting firms in India and the world over. They all have witnessed, they all have a

Industry confident of finding rare-earth supply alternatives: Vaishnaw

The restrictions on these metals were placed by China as part of its response to the reciprocal tariffs that were imposed on it by the United States

Seven rare earth minerals that China is weaponising in trade war with US

In response to punitive tariffs imposed by Washington, Beijing earlier this month added seven rare earths to its export control list