Mahindra to pursue technical actions to tackle the problem of rare earth magnet: Group CFO

Mahindra & Mahindra is planning to manage rare earth magnet supplies through alternative sourcing channels for the coming nine months and will pursue ‘technical efforts’ to tackle the raw material shortage situation in the midst of the growing product portfolio, according to a senior manager. The imposition of export restrictions by China on important rare […]

Rare earth supply risk: Indian electronics companies are concerned if Chinese curbs can touch; But can Beijing also pay for this? – Times of India

This is a image generated by AI, only used for representative purposes. A number of applicants among India’s Electronics Component Manufacturing Scheme (ECMS) have marked their concern about achieving their first -year production goals as a result of continuous shortages of rare earth minerals. According to ET, at least 10 companies have raised the issue […]