India Pushes Forward in Rare Earth Rare ...Middle East

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India Pushes Forward in Rare Earth Rare
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India’s Hindustan Zinc is moving into rare earths, but commercial production could take up to five years, underscoring the hurdles of building a domestic supply chain to challenge China's grip on the sector. "This (rare earth) is of strategic interest (to India)," said CEO Arun Misra in an interview, according to Nikkei Asia. The company was the only private bidder to win a monazite mining block in Uttar Pradesh in a government auction in May. However, exploration and reserve analysis will take three to four years. "The first part is exploration…

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