India plans strategic mineral reserve to secure 6 months' supply
NewsBytes | April 30, 2026 5:40 PM CST
China dominates rare earths, NCMM ₹16,300cr
China dominates the rare earth game, controlling most of the world's mining and processing.
Recent temporary export restrictions on rare-earth magnets have shown how risky that is for everyone else.
India's new plan ties in with its National Critical Minerals Mission (NCMM), which has set aside ₹16,300 crore to boost homegrown mineral processing, so the country isn't left scrambling when things get tense worldwide.
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