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India weighs options as rare earth magnet supply from China stalls
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The Indian government is closely examining the ongoing disruption in the supply of rare earth magnets from China, an issue that has impacted Indian industry since early April. According to sources, senior officials from the Prime Minister’s Office, the Ministry of Heavy Industries, the Ministry of External Affairs, and the Ministry of Commerce are involved in discussions on how to support affected sectors and engage with Chinese authorities.
Since April 4, Indian companies have not received any rare earth magnets following a new rule introduced by…
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