Key Highlights -  Rare Earth Elements (REE) Crisis

Export Restrictions & Supply Chain Disruptions
China’s April 2025 export curbs on seven critical REEs and finished magnets are disrupting EVs, renewable energy, electronics, and defence systems, exposing vulnerabilities due to its control of over 90% of refining and magnet manufacturing.

India’s Multi-Pronged Response
Under the National Critical Mineral Mission, India is advancing exploration, refining, recycling, stockpiling, and international collaborations, backed by INR 3,500–5,000 Cr PLI schemes to promote domestic REE manufacturing.

​

A Global Wake-Up Call
The crisis underscores the urgent need for coordinated policies, strategic investments, and innovation to reduce China-centric dependencies and safeguard key sectors driving decarbonization, digitalization, and national security.