https://www.taxtmi.com/news?id=61192 Lohum has opened a domestic rare earth element magnet production facility in Uttar Pradesh to refine and produce both light and heavy REEs for electric mobility, renewable energy, aerospace, defence and electronics, aiming to reduce import dependence and build a resilient domestic supply chain. The launch is presented as aligned with the National Critical Mineral Mission, the Extended Circular Mineral Strategy, an upcoming Ministry of Heavy Industries support scheme, the Recycling Incentive Scheme, and Extended Producer Responsibility regulations. en-us Mon, 10 Nov 2025 19:16:03 +0530 Mon, 10 Nov 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61192 Lohum has opened a domestic rare earth element magnet production facility in Uttar Pradesh to refine and produce both light and heavy REEs for electric mobility, renewable energy, aerospace, defence and electronics, aiming to reduce import dependence and build a resilient domestic supply chain. The launch is presented as aligned with the National Critical Mineral Mission, the Extended Circular Mineral Strategy, an upcoming Ministry of Heavy Industries support scheme, the Recycling Incentive Scheme, and Extended Producer Responsibility regulations. News - Mon, 10 Nov 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=61192