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IREL Rare Earth Mining and Processing Expansion

Sector: Automotive • Location: Odisha, Kerala, India

Source: Reuters

Project
Planned

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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The project “IREL Rare Earth Mining and Processing Expansion” is an infrastructure initiative in the Automotive sector, located in Odisha, Kerala, India. Taiyo aggregates data on it from Reuters.

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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