‘Some countries have monopolized them’: G Kishan Reddy eyes self-reliance in critical minerals; says rare‑earth permanent magnet production by year-end
According to data from the US Geological Survey, India holds the world’s third-largest rare earth reserves, estimated at 6.9 million tonnes. However, extraction remains limited, largely due to modest private-sector participation and investment.According to data from the US Geological Survey, India holds the world’s third-largest rare earth reserves, estimated at 6.9 million tonnes. However, extraction remains limited, largely due to modest private-sector participation and investment.
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