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India is looking to produce 6000 tonnes of NdFeB magnets per year with the first batch coming out in mid 2026. This is great news because India has large rare e
by dyauspitr 8mo ago
India is looking to produce 6000 tonnes of NdFeB magnets per year with the first batch coming out in mid 2026. This is great news because India has large rare earth reserves and are producing using the full supply chain of ore to oxide to magnets. 6000 tonnes is like 3% of the global supply but that’s not bad for year one.
- jacquesm 8mo agoThat's super good news, do you have any info on the name of the manufacturer?
- dyauspitr 8mo agoIREL Limited and Sona Comstar. Trafalgar will be the first large scale NdFeB magnet plant looking to start production in 2027 https://www.fastmarkets.com/insights/trafalgar-sets-sights-on-rare-earth-magnet-plant-in-india/ https://www.fastmarkets.com/insights/trafalgar-sets-sights-o...
- jacquesm 8mo agoThank you, I will make someone super happy with this news.