India in talks with Australia to source rare earth minerals following China restrictions: Australian official

India and Australia are engaged in discussions regarding rare earth minerals, prompted by shortages stemming from Chinese export limitations. Opportunities exist for India to secure early-stage blocks and collaborate with Australian companies. Int...

Reuters
Samples of rare earth minerals
India is in talks with Australia for rare earth minerals, an Australian official stated. The development comes amid rare earth magnet shortage caused by Chinese export restrictions.

"They (India and Australia) are talking about rare earth and there are blocks available. So there is an opportunity for India to take an early-stage block and have tie-ups with a few companies," Malini Dutt, Trade and Investment Commissioner, New South Wales Government, Australia, said.

Furthermore, both private and public sectors in India have expressed interest in copper blocks in Australia, she said on the sidelines of India Energy Storage Week (IESW) 2025, organised by India Energy Storage Alliance (IESA).


"There is a lot of interest around copper as well, given some of the conversations I have had. The interest is both from private sector and a PSU which is quite on the hunt for copper (blocks),” Malini said.

“You are aware there are smelters and companies like Adani has made a big investment. There is capacity available. There is an abundance of copper. That is one area people are looking at," she explained.

The domestic auto and white goods sectors have been affected due to China's restrictions on the export of rare earth elements and magnets.
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Rare earths are a group of metals consisting of 17 elements. Though present in several counties, their extraction is costly and messy causing massive amounts of pollution.

According to the International Energy Agency, currently China accounts for 61 per cent of global mined rare earth production, but controls 92 per cent of the global output.

China's exports restrictions of rare earths which were imposed in June last year through a decree by Premier Li Qiang reportedly became stricter since US President Donald Trump imposed 146 per cent tariffs on Chinese exports.
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