US rare-earths stocks jumped in premarket trading upon news of the plan, including USA Rare Earth Inc., Critical Metals Corp., United States Antimony Corp. and NioCorp Developments Ltd.
With supply strains under pressure, the Centre will support rare earth corridors in Odisha, Kerala, Andhra Pradesh and Tamil Nadu, while cutting the customs duty on monazite to zero from 2.5 percent.
Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
The minerals that Pakistan purports to offer to the US are either in quantities too small to matter, of a type that the US does not need, or would be much more easily sourced from other partners.
China built its mineral empire with foresight. The US is reacting with tariffs. And emerging powers like India are stepping in with strategic steps toward autonomy.
ThePrint Explorer looks at the significance of rare earths, how China rose to dominate the industry, and the US's efforts to claim control over these critical elements.
Barring a few, India 100% dependent on imports for most of the listed minerals, which find use in high-tech electronics, telecommunications, transport and defence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
None of the countries you listed have a independent REE supply chain. Japan tried but China quickly rescinded its ban and dumped REEs causing prices to fall and lower incentives for domestic investment and development of REEs. Even processing requires chemicals that are only produced in China.
None of the countries you listed have a independent REE supply chain. Japan tried but China quickly rescinded its ban and dumped REEs causing prices to fall and lower incentives for domestic investment and development of REEs. Even processing requires chemicals that are only produced in China.