Global rare earth reserve, production and consumption scenario: A real-time check
In the 19th century, steel became the backbone of global industrial strategy. In the 20th century, it was oil. And, in the 21st century, it is the rare earth elements. 17 metallic elements from the periodic table, chemically similar and physically unremarkable to the eye, have become the scaffolding of electric vehicles, wind turbines, fighter jets, smartphones, navigation systems, medical devices, modern weapons and everything else that powers clean energy, digital connectivity and national defence. They are the ingredients behind the magnets that spin a wind turbine’s rotor, the catalysts that refine fuels, the phosphors that light an aircraft cockpit, and the polishing compounds that perfect wafer-thin lenses.
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Cabinet clears ₹7,280 crore push to reshape India’s rare earth magnet future
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