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India Greenlights an $815 Million Incentive Scheme for Rare Earth Magnets
2025-11-27 /
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Author：小编
The Indian government has given the green light to a rare earth magnet initiative, valued at 72.8 billion rupees (equivalent to $815 million). The primary goal of this scheme is to foster the establishment of five enterprises, each boasting an annual production capacity of 6,000 tons, thereby diminishing the nation's reliance on imports in this sector.
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