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Govt explores rare-earth deal with Myanmar rebels

Financial Express Delhi

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September 11, 2025

INDIA IS WORKING to obtain rare-earth samples from Myanmar with the assistance of a powerful rebel group as it seeks alternative supplies of a strategic resource tightly controlled by China.

- Naw Betty Han & Neha Arora

The ministry of mines has asked state-owned and private firms to explore, collect, and transport samples from mines in northeastern Myanmar that are under the control of the Kachin Independence Army (KIA), according to four people familiar with the matter.

State-owned miner Indian Rare Earths (IREL) and private firm Midwest Advanced Materials, which received government funding last year for the commercial manufacturing of rare-earth magnets, were among those involved in the discussions, the sources said.

MÁS HISTORIAS DE Financial Express Delhi

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Delhi AQI hits 498; skyline disappears into grey haze

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Rupee slides to another record low

THE RUPEE'S DOWNWARD slide continued on Monday, ending at a new low of 90.73 against the dollar—down 31 paise—on weak market sentiment.

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Noida airport set for flight into the future

Designed to operate largely on automation and self-service

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360 ONE Asset raises ₹2.3K cr fund

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India, US close to pact on extra tariff removal

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With YONO 2.0, SBI aims to double users to 200 mn

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