Monday, September 01, 2014

India to Increase Rare Earth Element/Metal Supply by 5%

India is commissioning a plant to produce up to 5,000 tonnes of rare earths a year, a state company official told Reuters, which could help it contribute about 5 percent to the global supply of the metals used in cameras, cars, iPhones and wind turbines.

India's emergence as a supplier, albeit a small one, would be good news for countries like Japan, which up to now have had to rely mostly on China for rare earths production.

The plant in the state of Odisha would produce rare earth oxides by processing monazite from beach sand, said S. Surya Kumar, head of the Rare Earths Division for state-owned Indian Rare Earths, part of the Department of Atomic Energy.

Up to half of the output would be processed into products like lanthanum and cerium, which are used in camera lenses and glass polishing agents, Kumar said.

Kumar did not give a timeline for when rare earth oxides will start flowing from the Odisha plant.

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