India has directed IREL (India) Ltd to suspend its 13-year-old rare earth supply agreement with Japan:
India has directed IREL (India) Ltd to suspend its 13-year-old rare earth supply agreement with Japan, aiming to prioritize domestic needs and reduce dependence on Chinese processing chains.IREL (India) Limited is a Public Sector Undertaking (PSU) under the Department of Atomic Energy, engaged in mining, separation, processing, and extraction of rare earths and atomic minerals. Established In 18 August 1950 (as Indian Rare Earths Limited). Became a full Government of India enterprise in 1963. Headquarters: Mumbai, Maharashtra. Ministry: Administrative control of the Department of Atomic Energy (DAE)