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PERMANENT MAGNETS PRODUCTION
Odisha govt approves 20 mega investment proposals worth Rs 76,612 croreOdisha's government has approved 20 mega investment proposals totaling Rs 76,612 crore, projected to create over 50,000 jobs. These signifi...- US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materialsAmerica is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will devel...
- Japan company to set up rare earths magnet unit in Andhra PradeshJapan's Proterial will invest ₹2,250 crore to build a rare earth magnet plant in Andhra Pradesh. This facility will produce vital component...
- Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources sayIndian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilitie...
- India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
- Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base yearIndia is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. Thi...
- India, Russia deepen rare earths ties amid Quad critical minerals pushIndia and Russia are joining forces for rare earth extraction and processing. Agreements have been signed for joint research and developmen...
- A warning to critical minerals buyers: Avoid butter mountains, aluminium floodsWestern nations are investing heavily in critical minerals to reduce dependence on China. However, experts warn this could lead to a surplu...
- In 1831, Michael Faraday noticed a tiny needle twitch: And discovered the hidden force behind modern electricityIn 1831, visionary scientist Michael Faraday made a pivotal discovery: the relationship between changing magnetism and electric current. Th...
- Quote of the day by Liza Minnelli: 'I think that's the greatest gift one can have: point of view. You know? I've come…’ Inspiring words by the Cabaret star about rewriting painful memories and moving on with your head held highQuote of the day: One reason Liza Minnelli’s quote feels so authentic is that her own career became a powerful example of reinvention. Afte...
- Elevator component maker, Sharp Engineers, secures CSA Certification to help expand in North AmericaSharp Engineers, an Indian elevator component maker, achieved a significant milestone with CSA certification for its SEG-X7 gearless tracti...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- 'Think boldly, innovate fearlessly, & invest strategically': Shaktikanta Das to India Inc amid global shocksIndian businesses are urged to embrace bold thinking, fearless innovation, and strategic investment. Geopolitical shifts demand a new globa...
- Can India withstand extreme energy demand shocks? Shaktikanta Das respondsIndia can now better handle extreme energy demand shocks. Businesses are urged to reduce reliance on single sources and focus on long-term ...
- Government specifies 40 sub-sectors for faster clearance of FDI proposals from land-bordering nationsIndia is fast-tracking foreign investment proposals from China and neighboring nations. Forty key manufacturing sub-sectors, including rare...
- DPIIT issues updated SOP for processing FDI applicationsThe Department for Promotion of Industry and Internal Trade (DPIIT) has streamlined Foreign Direct Investment (FDI) proposal processing wit...
- No serious LPG supply shortage reported by auto component makers so far, says govtAddressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...
- MHI holds pre-bid consultations on permanent magnet manufacturing schemeIndia is set to boost its rare earth permanent magnet manufacturing. The Ministry of Heavy Industries is inviting bids for integrated facil...
- India scaling up rare earth magnet production to cut import dependence: Jitendra SinghIndia is boosting its production of rare earth permanent magnets. The first Samarium Cobalt plant is now operational. This move aims to mee...
- Local permanent magnet production to begin in 2026, says mines minister G Kishan ReddyIndia is set to commence domestic production of permanent magnets by 2026, with commercial production of Neodymium materials and rare earth...
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