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Govt approves Rs 7,280 crore scheme for rare earth magnet manufacturing

NEW DELHI: Govt on Wed-nesday cleared an incentive scheme with an outlay of Rs 7,280 crore for establishing domestic capacity for manufacturing 6,000 tonne of integrated rare earth magnets annually with the aim of breaking China’s stranglehold over this vital input for a host of industries ranging from automobiles to aerospace and defence.Govt will allot…

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Explained: How China gained rare earths dominance — and what it means for the US

China’s control over rare earth elements did not happen overnight. It is the result of decades of investment across every stage of the chain — from mining and reserves to processing and technology — giving Beijing significant influence in its trade dispute with Washington. These 17 minerals are essential for defence equipment such as fighter…

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Atmanirbhar Bharat boost for rare earths! Cabinet clears Rs 7,200 crore scheme for manufacturing rare earth permanent magnets – why it’s important

In a boost to India’s domestic rare earth manufacturing capabilities, PM Narendra Modi-led Union Cabinet on Wednesday cleared an over Rs 7,200 crore Rare Earth Permanent Magnets (REPM) Scheme. The scheme aims to establish integrated manufacturing facilities with a capacity of 6,000 Metric Tons per Annum (MTPA) of Rare Earth Permanent Magnets. The initiative hopes…

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Andre Agassi and Steffi Graf daughter Jaz surprises crowd with rare NFL appearance and bold sporty look | International Sports News

Andre Agassi and Steffi Graf daughter Jaz surprises crowd with rare NFL appearance and bold sporty look (Image via Getty) Jaz Agassi, the daughter of tennis stars Andre Agassi and Steffi Graf, was seen at the Las Vegas Raiders vs Cleveland Browns game at Allegiant Stadium during Week 12 of the NFL season. She wore…

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‘China running a racket’: EU attacks Beijing’s rare earth curbs; bloc looking for alternatives

The European Union on Tuesday sharply criticised China’s tightening grip over rare earth exports, with the bloc’s industry chief warning that Beijing’s curbs amount to a “racket” and threaten Europe’s strategic autonomy.Addressing EU lawmakers, European Commission vice president Stephane Sejourne said the bloc must urgently accelerate efforts to cut its reliance on Chinese critical minerals….

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Race for rare earths: US, Russia and other nations chase minerals beyond China – which region is the new interest?

A worldwide rush to tap the Arctic’s resources is accelerating as countries look for alternatives to China’s stronghold over strategic minerals. Melting ice and improving access have drawn renewed interest to the largely undeveloped polar region, which is increasingly viewed as a potential source of rare earths, base metals and new trade routes, as per…

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‘I already drink tea during lunch’: Sai Sudharsan’s hilarious reaction to rare tweak in match schedule for 2nd South Africa Test | Cricket News

Sai Sudharsan has made a light-hearted comment on the fact that there will be ‘tea’ before ‘lunch’ in the Guwahati Test. (PTI Photo/Swapan Mahapatra) Team India and South Africa are preparing for an unusual practice in the second Test in Guwahati, where play will begin 30 minutes early and the traditional break sequence will be…

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