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Centre weighs sops to boost rare earth processing
Mint Hyderabad
|June 25, 2025
India's rare earth processing capabilities are likely to receive government support, a senior official said on Tuesday, with efforts underway to source rare earth magnets from Vietnam and Japan.
"The total quantum of investment needed for a rare earth processing is being worked out, how much support will be needed is being worked out. Stakeholder consultations are ongoing, and there have been a variety of responses. Some want 50% incentive, some want 20%," the official said, adding that the proposed support would cover processing rare earth oxides into magnets.
यह कहानी Mint Hyderabad के June 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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