NEWS India’s $875 Million Magnet Gambit: Ambition, Reality, and the Attempt to Escape China’s Chokehold

Thread starter DOC
Start date Nov 27, 2025

DOC

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Nov 27, 2025

India announces $875M plan to build rare earth permanent magnets (REPM) capacity, targeting 6,000 MTPA to reduce China dependence by 2032.

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