New Delhi, March 22 (IANS) India, which holds the world’s fifth largest rare earth reserves and the required technology to produce these minerals, can play a crucial role in breaking China’s near-monopoly on these critical minerals required for making electric vehicles, wind turbines, hi-tech electronic goods and defence equipment, according to an article.The global race for rare earth elements (REEs) has shifted from the margins of industrial policy to the centre of geopolitics. China current…
Latest Rare Earth News & Updates
New Delhi, March 4 (IANS) In a move aimed at reducing dependence on China for critical minerals, Japan is in discussions with India to jointly explore rare earth deposits in the desert state of Rajasthan, according to reports.The talks come after India recently identified three hard rock rare earth deposits in Rajasthan and Gujarat, containing an estimated 1.29 million metric tons of rare earth oxides.The discovery was announced last month by Union Mines Minister G. Kishan Reddy, who said the fi…
Washington, Feb 25 (IANS) US lawmakers warned that China’s dominance over critical minerals could cripple American defence manufacturing in a crisis, as the Pentagon defended controversial equity investments and price guarantees aimed at rebuilding domestic supply chains.“It’s no exaggeration to say that America’s resilience on China’s critical minerals represents one of our greatest strategic vulnerabilities,” Senate Armed Services Committee Chairman Roger Wicker said at a Congressi…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday unveiled a significant initiative designed to reshape India’s engagement with critical minerals.FM Sitharaman declared that the government will extend support to the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing specialised rare earth corridors.These corridors are envisioned as comprehensive hubs that will encompass the entire value chain of rare earth development—spanning mining, pr…
Washington, Jan 5 (IANS) US President Donald Trump said a deal to end the Russia-Ukraine war remains possible, citing mounting casualties on both sides and arguing that economic pressure on Moscow is beginning to take effect.Speaking aboard Air Force One, on Sunday, Trump told reporters newly released figures underscore the urgency of ending the conflict. “Thirty thousand soldiers were killed this current month,” he said, adding that about 27,000 were killed the month before.Trump said he do…