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India

Government of India opens technical bids for indigenous rare earth permanent magnet plants

On August 13, the Ministry of Heavy Industries received 20 bids under its INR 72.80 billion scheme to set up integrated sintered NdFeB rare‑earth permanent magnet (REPM) plants in India. Technical bids were opened on August 13, 2026. The bidders include 20 Microns, Attero Recycling, Coal India, Larsen & Toubro, Lohum....

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