China has limited exports of seven rare earths, crucial for sectors like energy and defence, disrupting global supply chains
China’s move could target the US, India, and Europe, reminiscent of its 2010 export ban on Japan
The rare earth crisis could hit electric vehicle production, robotics, and military readiness in Western nations
India’s reliance on public sector sourcing limits exploration. The private sector must step up to secure resources
India should focus on diversifying imports and building processing capacity, especially in rare earth metallurgy
The Indian government must incentivise private sector involvement to reduce reliance on China and secure global supply chains