India moves to reduce rare earth dependency amid China’s export curbs

India moves to reduce rare earth dependency amid China’s export curbs

India is taking steps to mitigate possible disruptions due to restrictions on rare earth minerals imposed by China, New Delhi said in its May economic report released on Friday.

Miners are seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China July 16, 2011. Picture taken July 16, 2011. File Photo/Reuters