Category : Search result: rareearth magnets


US bets $1.4B on rare earth magnets to challenge China

In a strategic move to reduce dependence on Chinese supply, the Trump administration has inked landmark deals worth $1.4 billion with domestic rare earth magnet startups, reshaping global tech supply chains.

India pushes rare-earth-free EV motor technology

India's heavy industries ministry collaborates with auto sector to develop indigenous EV motor technology eliminating dependency on imported rare-earth magnets, boosting Make in India initiative.

India Breaks China's Rare Earth Magnet Monopoly

Exclusive: Indian scientists decode rare earth magnet formula, challenging China's monopoly. Ashvini Magnets' breakthrough promises to revolutionize EV industry and secure India's strategic position in global supply chains.

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