‘Some countries have monopolized them’: G Kishan Reddy eyes self-reliance in critical minerals; says rare‑earth permanent magnet production by year-end

Feb 19, 2026 - 18:00
‘Some countries have monopolized them’: G Kishan Reddy eyes self-reliance in critical minerals; says rare‑earth permanent magnet production by year-end

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According to data from the US Geological Survey, India holds the world’s third-largest rare earth reserves, estimated at 6.9 million tonnes. However, extraction remains limited, largely due to modest private-sector participation and investment.

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