IREL Rare Earth Mining and Processing Expansion
Sector: Automotive • Location: Odisha, Kerala, India
Source: Reuters
IREL, a state-run miner in India, plans to increase rare earth mining and processing capacity to reduce dependence on China. The project includes producing 450 metric tons of extracted neodymium by March 2026 with plans to double production by 2030. IREL is also seeking corporate partners for rare earth magnet production for the automotive and pharmaceutical industries and is awaiting statutory cl
- Status
- Prospective
- Sector
- Automotive, Government
- Location
- Odisha, Kerala, India
- Updated
- 22 Jul 2026
- Source
- Reuters
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Project Information
Participants
Sponsoring Agency |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | IREL, a state-run miner in India, plans to increase rare earth mining and processing capacity to reduce dependence on China. The project includes producing 450 metric tons of extracted neodymium by March 2026 with plans to double production by 2030. IREL is also seeking corporate partners for rare earth magnet production for the automotive and pharmaceutical industries and is awaiting statutory clearances at four mines. |
Original sector | Mining |
Location
Country | India |
State | Odisha, Kerala |
Source
Source | Reuters |
URL |
More Details
Record type | Project |
Sector | Automotive, Government |
Article published date | 2025-06-17 |
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