Indian carmakers in Chinese trouble as rare earths supply runs short

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• tal@lemmy.today ⁨1⁩ ⁨week⁩ ago

  In the past five years, India’s imports of rare earths from China have gone up 60 to 80 per cent, and the government is now trying to cut this reliance by increasing local production. In March it announced a liberalised scheme allowing private companies to explore minerals and rare earth elements and opened some 13 acreages up for auction. Under this policy, the government will also reimburse half the exploration costs in areas where no minerals are discovered.

  I don’t think that India needs extraction so much as processing, where China is really dominant.

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  • OmegaLemmy@discuss.online ⁨1⁩ ⁨week⁩ ago

    Lets see if private companies will bite the cost at all (almost feels like they won’t)

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• HyperfocusSurfer@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

  Yeah, so how about they pull their heads out of their asses and fucking stop making cars computers on wheels? That might help a bit.

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  • Rooty@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Fucking stop making cars FTFY

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    • HyperfocusSurfer@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

      Also fair :)

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  • Jimmycakes@lemmy.world ⁨1⁩ ⁨week⁩ ago

    If you wanna live the past just ride a horse bro. The rest of us don’t have a problem

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    • HyperfocusSurfer@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

      It’s not about the past vs present, it’s about them solving an issue that didn’t exist in the first place. Like who the hell thinks it’s a good idea to let cars connect to the internet? Except car manufacturers who decided cars became too cheap for their tastes so it’d be nice to data-mine the customers as well. Enshitification 101, that’s all I’m saying.

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• Alphane_Moon@lemmy.world ⁨1⁩ ⁨week⁩ ago

  Archive version: archive.fo/F5G24

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