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#780917
Thu 30 Oct 2025 10:33:PM
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Joined: Feb 2001
Posts: 381,904
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,904 |
India has secured approval for some domestic companies to import crucial rare earth magnets from China, vital for automotive and electronics sectors. These licenses follow earlier curbs, enabling access to materials essential for electric vehicles and other high-tech products. However, imports are restricted, prohibiting use in defense and export to the US. Source: 'Some Indian companies': China OKs supply of rare earth magnets to India; what MEA said
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