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News2026-04-08Clean view

Government of India invites bids for 6,000 MTPA rare earth permanent magnet capacity

On April 7, the Ministry of Heavy Industries (MHI) hosted a pre-bid conference for its scheme to promote the manufacturing of sintered rare earth permanent magnets, drawing participation from at least 25 companies. The scheme, with a total outlay of INR 72.8 billion, invites bids for setting up 6,000 MTPA of integrat....

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Related local items around this topic include Rocklink India opens lithium-ion battery and rare earth magnet recycling plant; Daikin Industries, Shin-Etsu Chemical, Hitachi, and Tokyo Eco Recycle to recycle rare-earth magnets; Rare Earths Americas announces registration filing for IPO; Germany participates in Australia's Nolans project for critical rare earth elements. These references help place the update in a broader sequence of market, supplier, technology, and policy developments.

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