India pushes domestic rare earth value chain to cut imports: IREL

He added that the IREL’s current priority is to build a self-reliant value chain rather than depend heavily on imports. “Importing is a huge difficulty now because of so many restrictions from China,” he said.

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India is stepping up efforts to strengthen its rare earth resources and build a complete domestic value chain to reduce dependency on imports, according to V. Chan-drasekar, General Manager and Head of the Rare Earth Division at IREL India Ltd.

On the sidelines of the CII conference on “Building Resilient Rare Earth Metal (REM) Supply Chains Through Technology Localization” on Friday, Chan-drasekar said that several Indian states including Tamil Nadu, Kerala, Odisha, and Andhra Pradesh have “plenty of reserves of rare earths,” and that the companys “seriously working on improving resource availability.”