Core Viewpoint - India is launching a domestic rare earth production plan to reduce reliance on China, with an investment of 35 to 50 billion rupees (approximately 8.4 million to 12 million USD) [1] Group 1: Investment and Financial Commitment - India plans to invest between 35 billion to 50 billion rupees to boost its rare earth production capabilities [1] - The investment aims to enhance India's position as a significant supplier of rare earths outside of China [1] Group 2: Industry Potential and Challenges - India ranks third in the world for rare earth reserves, indicating substantial potential for growth in this sector [1] - To achieve its goals, India must increase funding and accelerate advancements in mining and processing technologies for critical minerals [1]
印度启动本土稀土增产计划
news flash·2025-07-02 01:39