India is boosting its production of rare earth permanent magnets. The first Samarium Cobalt plant is now operational. This move aims to meet growing demand for electronics, defence, and electric vehicles. While imports remain high, significant progress is bei…
New Delhi: India is ramping up domestic production of rare earth permanent magnets, crucial for electronics, space, aerospace, defence and electric vehicles, with the first-ever Samarium Cobalt plant… [+1442 chars]
