India Learns from Japan and Taiwan in Addressing Rare Earth Dependency

China’s control over rare earths and magnets has impacted global markets. India’s EV sector faces challenges due to dependence on Chinese suppliers. Despite verbal assurances from Beijing, restrictions continue with no timeline given. The rise in global demand for rare earths necessitates diversification for India’s economic and security interests. India’s structural paradox lies in its lack of processing capabilities despite having significant rare-earth reserves.To address this, India requires international partnerships in technology and expertise. Advanced economies like Japan, South Korea, and Taiwan have built strong partnerships, invested in recycling technology, and integrated rare earth strategies into national policies before India,…