Stock Market Updates ✅
June 12, 2025 at 04:27 PM
🔖 **Rare Earth Elements (REE) in India** 🌍
Rare Earth Elements (REEs) are 17 critical metals vital for high-tech industries! 🚀
They power electric vehicle (EV) motors ⚡️, wind turbines 🌬️, advanced sensors 📡, smartphones 📱, and military gear 🛡️.
Key REEs include neodymium, praseodymium, dysprosium, and terbium—superstars for EV and hybrid magnets! 🧲
🔖 **Types of REE**
- **Magnetic REE** (key for green tech 🌱):
Permanent magnets (Neodymium, Praseodymium, Dysprosium, Terbium) 🧲
🔖 **China’s Dominance** 🇨🇳
- Mines >70% of global REE ⛏️
- Controls >90% of REE processing/refining 🏭
(Complex, hazardous, tech-heavy process!)
- April 2025: China tightened export licenses 📜, slowing global REE access and gripping the supply chain! 😬
🔖 **India’s REE Scene** 🇮🇳
- 5th largest REE resources globally! 🌎
- **Challenges**:
- Low-grade deposits (low concentration) 😕
- Radioactive (tied to thorium, costly to extract) ☢️
- Heavy REEs (Dysprosium, Terbium) not extractable in viable amounts 🚫
- Only Neodymium & Praseodymium extractable (99.9% purity) from Beach Sand Minerals (BSM) at tiny concentrations (0.0011%–0.012%) 🏖️
- India’s REEs are mostly Light Rare Earth Elements (LREE) 🌟
🔖 **REE Value Chain in India**
✅ **What we’ve got**:
Mining ⛏️, beneficiation, oxide refining, metal extraction 🛠️
❌ **What’s missing**:
Industrial-scale production of alloys, magnets, and components (e.g., motors) 🏭
No intermediate industry due to limited tech access 😔
🔖 **Import Dependency** 📦
- India leans heavily on imported REEs 🇨🇳🇯🇵🇷🇺🇺🇸🇰🇷
- Imports jumped from 1,848 tonnes (2019–20) to 2,270 tonnes (2023–24) 📈
🔖 **Strategic Moves** 🗺️
- **National Critical Mineral Mission** launched to secure supply chains! 🔒
- Boosts local exploration 🕵️♂️ and global sourcing 🌐
- **GSI Exploration (2021–2025)**:
- 195 critical mineral projects in 2024–25 🛠️
- 35+ projects in Rajasthan for Neodymium, Dysprosium, and other REEs 🏜️
- Dept. of Atomic Energy found 111,845 tonnes of in-situ REO in Balotra, Rajasthan! 🎉
#ree 🌟🧲