Majumdar, Rudrodip (2025) Prioritization of value chains and strategy for a robust rare earth industry ecosystem in India. In: IRLi 2025 (Innovation in Rare Earths and Lithium) summit, October 9-10, 2025, Bangalore, India.
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Prioritization of Value Chains and Strategy for a Robust Rare Earth Industry Ecosystem in India (IRLi 2025)_Dr Rudrodip Majumdar.pdf - Published Version Restricted to Registered users only Download (82kB) |
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| Abstract: | Rare Earth Elements (REEs) act as key materials toward enhancing the performance of products in a wide range of industries, most of which can be termed hitech. Although the REEs are not used as the main functional material in any of the applications, their addition results in significantly improved, technologically superior products. A recent study focused on the Indian rare earth (RE) industry ecosystem, conducted by the National Institute of Advanced Studies (NIAS), Bengaluru, has shown that a focused industrial strategy woven around Neodymium Iron Boron (NdFeB) magnets, accompanied by Cerium Oxide-coated automotive catalytic converters, would justify the investments by the various green energy product segments in building and strengthening various parts of the RE industrial value chains. Overall, for the NdFeB magnet-based clean mobility and green energy product value chains, enforcement for emission reduction and energy efficiency would drive demand for RE-enhanced critical components (e.g., motors). Start-up enterprises should be supported in continuous innovation toward material efficiency improvements. There should be direct financial incentives for both manufacturers and buyers of RE-enhanced green energy products. To attract enterprises to the RE alloy and magnet-making business, incentives are needed for the indigenous manufacturing of RE permanent magnets and motors. An additional incentive needs to be provided for magnet production using indigenous RE materials. Cordierite, a magnesium aluminosilicate ceramic widely used as a honeycomb monolith support in automotive catalytic converters, is a hi-tech product. Also, the catalyst formulation involves platinum-group precious metals (platinum, rhodium, and palladium), many of which need to be sourced from abroad. Therefore, clear and prompt articulation of the national priorities is needed in consultation with the stakeholders, considering the technoeconomic feasibility in the medium-to-long term. |
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| Item Type: | Conference or Workshop Item (Lecture) |
| Subjects: | School of Natural and Engineering Sciences School of Natural and Engineering Sciences > Mining |
| Divisions: | Schools > Natural Sciences and Engineering |
| Date Deposited: | 25 May 2026 05:45 |
| Last Modified: | 07 Jul 2026 06:41 |
| Official URL: | https://criticalmineralsassociation.in/category/bl... |
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| Funders: | * |
| Projects: | * |
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| URI: | http://eprints.nias.res.in/id/eprint/3374 |
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