China’s Uncommon Earth Magnet Ban: As neighbor nation’s dominant determination to ban the export of uncommon earth magnets for numerous nations, together with India and the US, the motion create threats for India’s auto sector, particularly and electrical car (EV) trade. With over 80 per cent of the nation’s uncommon earth magnet provide coming from China how this transfer is anticipated to trigger rapid disruptions in manufacturing and rising prices. Know what analysts mentioned.
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