27 Sep 2025 | 5 Mins Read
India's gold rush fueled by China's export ban
Flipitmoney
India is heavily dependent on foreign supplies for strategic minerals like rare earths, crucial for renewable energy, defense systems, and electric vehicles. To reduce reliance, the government is prioritizing domestic processing and has invested in projects to build a domestic ecosystem. Companies like Gujarat Mineral Development Corporation (GMDC), Hindustan Copper, and MOIL are leading the push.