India moves to conserve its rare earths, seeks halt to Japan exports
India takes steps to preserve its rare land resources by attenuating exports to Japan, which aims to secure these important minerals for domestic needs and strategic purposes. Rare earth elements are important for different high tech and green technologies,wind turbines and defense equipment. At the moment, Japan is one of the most important importers of the rare earth in India, especially from the state -Run Indian Rare Earth Limited (Irel). However, the government of India ensures this relationship in light of the weaknesses of global supply chain and increasing geopolitical stresses. By limiting this export, India intends to build its own value -added processing skills and reduce the dependence on foreign technologies. The authorities also cited the importance of coordinating rare the earth's policy with national security and economic priorities. This step reflects a broad global tendency, where countries are trying to ensure their access to important minerals in the midst of concern for exaggerations on major suppliers such as China.
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