https://sputniknews.in/20251226/china-begins-rare-earth-magnet-exports-to-india-report-10278902.html
China Begins Rare-Earth Magnet Exports to India: Report
China Begins Rare-Earth Magnet Exports to India: Report
Sputnik India
Rare-earth magnets (REMs) are critical in a wide variety of sectors, including automobiles, electronics, aviation, electric vehicles (EVs), medical equipment... 26.12.2025, Sputnik India
2025-12-26T17:02+0530
2025-12-26T17:02+0530
2025-12-26T17:13+0530
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China has begun exporting rare-earth magnets (REMs) to India, offering export licenses to firms linked to the automotive sector, according to a report published in the local media outlet Business Standard.The report claimed that Beijing has approved licenses for a select group of companies, including the Indian arm of German auto parts maker Continental AG, Jay Ushin, and suppliers of domestic heavyweights Mahindra, Maruti Suzuki, and two-wheeler manufacturer Honda Scooters and Motorcycles.China is the global leader in REMs, accounting for almost 90% of their production.In April, China imposed export restrictions on REMs following the imposition of increased US tariffs on Chinese goods. The move impacted several nations, including India, which is the world's third-largest automobile producer and market.
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china, india, beijing, delhi, new delhi, trade, trade barriers, tariffs, south asia, rare earths
china, india, beijing, delhi, new delhi, trade, trade barriers, tariffs, south asia, rare earths
China Begins Rare-Earth Magnet Exports to India: Report
17:02 26.12.2025 (Updated: 17:13 26.12.2025) Rare-earth magnets (REMs) are critical in a wide variety of sectors, including automobiles, electronics, aviation, electric vehicles (EVs), medical equipment and modern missile systems.
China has begun exporting rare-earth magnets (REMs) to India, offering export licenses to firms linked to the automotive sector, according to a report published in the local media outlet Business Standard.
"Although it's a slow start, China's Ministry of Commerce has started processing and clearing the applications. Some companies have received necessary approvals. The process has now started," a government official was quoted as telling the publication.
The report claimed that Beijing has approved licenses for a select group of companies, including the Indian arm of German auto parts maker
Continental AG,
Jay Ushin, and suppliers of domestic heavyweights
Mahindra, Maruti Suzuki, and two-wheeler manufacturer
Honda Scooters and Motorcycles.
China is the global leader in REMs,
accounting for almost 90% of their production.
In April, China imposed export restrictions on REMs following the imposition of increased US tariffs on Chinese goods.
The move impacted several nations, including India, which is the world's third-largest automobile producer and market.
