New Indian processing plant will be capable of producing 5% of global rare earth supply

By James Sean Dickson
Published: Friday, 29 August 2014

Indian Rare Earths Ltd. plans to dent the Chinese rare earth supply monopoly by producing 5,000tpa of metal oxides, due to sign a contract with Japanese buyers seeking supply security

Indian Rare Earths (IREL) is to construct a 5,000tpa rare earth oxide (REO) plant which could result in it supplying about 5% of the global demand for the critical metals.

Japan’s Toyotsu Rare Earths India Pvt. Ltd. (TREI) will sign a contract to buy 2,000 – 2,300 tonnes/annum, meeting...

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