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Event Brief

India Cuts Taxes to Boost Rare Earth Processing

India aims to reduce taxes on equipment imports to enhance local rare earth magnet manufacturing and reduce reliance on China.
WHO: India
WHAT: Cuts taxes on equipment for rare earth processing
WHEN: Feb 1, 2026 at 5:06 AM ET
WHERE: India
WHY: To minimize dependence on China for critical minerals
Sources (1): Bloomberg

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