Archive · 26 Jun 2025
India, China Discuss Rare Earth Magnet Supply Amid Export Curbs
China has put restrictions on exporting rare earth magnets, which are vital for making things like cars and clean energy systems.
India is talking to China about this because India gets most of its magnets from China.
These restrictions started around the same time as the US put tariffs on goods from China.
This is causing problems for companies around the world, including those in India, and they are trying to figure out how to keep getting these important materials.
India is in contact with China regarding rare earth magnet supply following export restrictions.
China has imposed export restrictions on rare earth magnets, impacting global supply chains.
The restrictions, enacted in April, require companies to obtain import permits from Beijing.
India's auto sector imported 460 tons of magnets from China last fiscal year and expects to import 700 tons this year.
The Society of Indian Automobile Manufacturers (SIAM) has sought government intervention.
- Who
- India and China are the main actors in this situation, with the US also playing a role through tariffs.
- What
- China has imposed export restrictions on rare earth magnets.
- When
- China enacted restrictions in April.
- Where
- The primary countries involved are China and India.
- Why
- The restrictions are meant as a response to US tariffs and are impacting the supply of key components for various industries.
India's Perspective
China's Perspective
Trade Relations
India's Perspective
India is working with China to streamline the supply chain.
China's Perspective
China's export restrictions may be related to tariffs imposed by the US.
- Magnet Export Restrictions
- China imposed
- Affected Materials
- Rare earth magnets
- India's Imports (FY Ending March 31)
- 460 tons
- Expected Imports (This Year)
- 700 tons
- Primary Source
- China
Sources
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