India's big rare earth move: Govt revises royalty rates; to fight China's monopoly

India is set to boost its critical mineral production by rationalizing royalty rates for graphite, caesium, rubidium, and zirconium. This move, approved by the Union Cabinet, aims to reduce import dependency and strengthen supply chains, especially as China imposes export restrictions.

India's big rare earth move: Govt revises royalty rates; to fight China's monopoly
India is set to boost its critical mineral production by rationalizing royalty rates for graphite, caesium, rubidium, and zirconium. This move, approved by the Union Cabinet, aims to reduce import dependency and strengthen supply chains, especially as China imposes export restrictions.