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Samarium Cobalt Magnet Plant

Sector: Stadium • Location: Visakhapatnam, Andhra Pradesh, India

Source: Malaysia Sun

Project
Completed

A Samarium Cobalt Magnet Plant was launched in Visakhapatnam to produce 500 tonnes per year of permanent magnets, marking a significant milestone in India's rare earth materials production capacity.

Status
Closed
Sector
Stadium, Government
Location
Visakhapatnam, Andhra Pradesh, India
Updated
22 Jul 2026
Source
Malaysia Sun

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The project “Samarium Cobalt Magnet Plant” is an infrastructure initiative in the Stadium sector, located in Visakhapatnam, Andhra Pradesh, India. Taiyo aggregates data on it from Malaysia Sun.

Participants

Not available for this record.

Status

Original status

completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A Samarium Cobalt Magnet Plant was launched in Visakhapatnam to produce 500 tonnes per year of permanent magnets, marking a significant milestone in India's rare earth materials production capacity.

Original sector

Energy

Location

Country

India

State

Andhra Pradesh

City

Visakhapatnam

Source

Source

Malaysia Sun

URL

More Details

Record type

Project

Sector

Stadium, Government

Article published date

2026-03-27

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