Indian Government Encouraging Traditional Miners to Seek Rare Earths

Rare Earth Investing

Mining Weekly reported that Indian miners are being encouraged by their government to diversify into rare earth mining.

Mining Weekly reported that Indian miners are being encouraged by their government to diversify into rare earth mining.

As quoted in the market report:

Mining and mineral processing majors such as the country’s largest aluminium producer National Aluminium Company Limited (Nalco), Hindustan Copper Limited (HCL) – the sole domestic integrated copper producer – and Steel Authority of India Limited (SAIL) have been directed to scout for production opportunities for rare earths. The hunt would be backed by more sophisticated extraction technologies provided by the government’s network of national laboratories.

To view the whole Mining Weekly report, click here.

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