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India moves to tap its rare earth reserves. Experts say it could become an alternative to China

From cnbc.com

India, like many countries, is facing China’s restrictions on rare earth exports — and it wants to develop its own domestic supplies. Experts say it could become an important alternative to China for partners such as the U.S., but will require much more public and private investment in the sector. In recent weeks, the world has been grappling with a rare earths shortage in light of those curbs from China. Auto manufacturers across India, the U.S., Japan, South Korea, and Germany have been affected. In response, Indian officials are evaluating how India Rare Earths, a government-owned company, can be leveraged to ... (full story)

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  • Category: Fundamental Analysis