China’s Rare Earth Export Curbs Hit Indian Supply Chains
COAL & MINING

China’s Rare Earth Export Curbs Hit Indian Supply Chains

New Delhi, 19 August – Export restrictions imposed by China on key rare earth magnets have disrupted supply chains of Indian manufacturers, including electric vehicle (EV) producers, Minister of State for Commerce and Industry Jitin Prasada informed the Lok Sabha.
“The recent imposition of export restrictions on key rare earth magnets by China has resulted in a supply chain bottleneck, impacting Indian industries including electric vehicle manufacturers,” Prasada said in a written reply. He added that regular consultations are being held with stakeholders to identify measures to address the issue.
To strengthen supply chain resilience, the Union Ministry of Mines is working to secure access to critical minerals, including rare earth elements used in magnet production. The ministry has already signed bilateral agreements with countries such as Argentina, Australia, Cote d’Ivoire, Malawi, Mozambique, Peru, Zambia and Zimbabwe, as well as partnerships with organisations like the International Energy Agency (IEA).
Additionally, Khanij Bidesh India (KABIL), a joint venture established to identify and acquire overseas mineral assets of strategic importance, is actively pursuing collaborations with international organisations and mineral-rich countries.
These efforts aim to mitigate the risks posed by China’s export curbs and ensure the availability of essential materials for India’s rapidly growing EV and allied industries. 

New Delhi, 19 August – Export restrictions imposed by China on key rare earth magnets have disrupted supply chains of Indian manufacturers, including electric vehicle (EV) producers, Minister of State for Commerce and Industry Jitin Prasada informed the Lok Sabha.“The recent imposition of export restrictions on key rare earth magnets by China has resulted in a supply chain bottleneck, impacting Indian industries including electric vehicle manufacturers,” Prasada said in a written reply. He added that regular consultations are being held with stakeholders to identify measures to address the issue.To strengthen supply chain resilience, the Union Ministry of Mines is working to secure access to critical minerals, including rare earth elements used in magnet production. The ministry has already signed bilateral agreements with countries such as Argentina, Australia, Cote d’Ivoire, Malawi, Mozambique, Peru, Zambia and Zimbabwe, as well as partnerships with organisations like the International Energy Agency (IEA).Additionally, Khanij Bidesh India (KABIL), a joint venture established to identify and acquire overseas mineral assets of strategic importance, is actively pursuing collaborations with international organisations and mineral-rich countries.These efforts aim to mitigate the risks posed by China’s export curbs and ensure the availability of essential materials for India’s rapidly growing EV and allied industries. 

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code