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Rare Earth Corridors : Union Budget 2026

Kumari Sonali

Rare Earth Corridors : Union Budget 2026

The Union Budget 2026–27 announced the establishment of dedicated Rare Earth Corridors in four coastal states to strengthen India’s critical minerals ecosystem.Rare Earth Corridors are integrated, state-anchored industrial value chains designed to link mining, processing, research and manufacturing of rare earth elements (REEs), particularly rare earth permanent magnets (REPMs), within defined geographic clusters.The corridors will be established in mineral-rich coastal states with significant beach sand mineral (BSM) deposits:Odisha,Kerala,Andhra Pradesh,Tamil Nadu.These states host monazite-bearing beach sands, the principal source of rare earths in India.

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