rare earth minerals

Vimag Labs has created a groundbreaking software-defined electric motor that replaces the conventional permanent magnets which are critical components and rely on rare earth minerals with copper coils, steel and software-controlled electromagnets.

China was already years ahead on the ground when Western leaders started discussing mineral security in public. Western strategy has to be adjusted because of this fact rather than humanitarian concerns. 

Under the scheme, the government plans to set up 6,000 metric tonnes per annum (MTPA) of integrated REPM manufacturing capacity in India.

The Chinese MOFCOM’s announcement number 61 goes beyond REE export restrictions and says, “Overseas organizations and individuals (hereinafter referred to as "overseas designated export operators") must obtain a dual-use item export license issued by the Ministry of Commerce of China before exporting the following (listed) items to countries and regions outside of China.”

Baloch leaders denounced Pakistan’s mineral showcase in Washington, claiming the reserves come from occupied Balochistan. They urged the US to respect Baloch sovereignty, stressing these rare earth deposits are unlawfully seized by Pakistan’s military elite.

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a ₹1,500 crore Incentive Scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources.

India and China agreed to maintain the momentum of bilateral ties after talks held between Wang Yi and Dr S Jaishankar.