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India halts rare earth exports to Japan: Report
short by / on Tuesday, 24 June, 2025
India has reportedly asked IREL (India) Limited to halt rare earth exports to Japan, aiming to boost local processing. A 2012 bilateral deal may delay the move. With China restricting magnet exports, Indian automakers face rising pressure. India holds major reserves but lacks domestic magnet-making capacity, pushing the government to prioritise homegrown supply chains.
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