By Admin 
China has banned six & nbsp; rare meanings i.e. rear mineral magnes supply from it. His move has increased the restlessness of the whole world. India’s auto industry crisis has also come under this move by China. These rare minerals are supplied in other countries on a large scale from China. & Nbsp;
Actually, vehicle companies will not be able to produce in the event of the supply of rare meaning. In the month of April, China has been banned by China on the export of rare minerals and magnets. Due to this, vehicles and other areas in India are facing huge difficulties.
China’s move increased trouble
Actually, Beijing has stopped supply to those who import 35 rare meanings from China on April 4 from China this year. The government there did not approve the applications to these importers for rare meaning. In such a situation, however, the company can apply again if he wants. Apart from all these, all the companies who import rare meanings from China are Continental, Bosch India etc.
This rare meaning is used from making weapons to Cleintech. In such a situation, if there is any industry affected the most then it is an electric vehicle industry. You can also guess how much dependence on China is that 90 % of the world’s rare meaning magnets used in making vehicles produce Magnets.
rare meaning how China’s monopoly
Actually China has established rare meaning mining and refining as a strategical industry. By the beginning of the year 2000, there were many competitive countries around the world in front of China regarding the rare meaning. But one of the leading producers of the rare meaning, Mine near Mountain near California had to stop in 2002 due to environment and economic pressure. Because of this, China not only became a major supplier in the case of rare meaning magnets, but it also became a global refinery to change battery and electronics, magnets and other useful goods.
However, in the rare sense, in the midst of this dominance of China, India is now insisting on increasing its availability. Changes are being made rapidly in its mining acts. On the previous day, Union Commerce and Industry Minister Piyush Goyal while talking to journalists in Germany himself said that India is working on its other options regarding the magnets to be obtained from Rare Earth Minerals.
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