Neodymium & Praseodymium Oxide
$0.20 bnAnnual import
5%Indian capability
7,858Supplier concentration (HHI)
₹2,500 crTo localise
Why India imports it. China refines 88% of NdPr; India has monazite but no refining at scale.
Why it matters. NdFeB magnet upstream; cascades into EV, wind, defence.
Can India localise it? Partial - 5-7 years for refining.
Where it comes from. China (88%), Australia (8%), USA (4%).
Scorecard
The ten indices
CMDI 78Dependency
LPI 34.5Localisation potential
IAI 58.75Investment attractiveness
SRI 77.5Supply risk
SCI 53.75Supply-chain complexity
TRI 43.75Technology readiness
IMI 70.5Industrial multiplier
NSRI 67.5National-security relevance
EPI 62.75Export potential
ICGI 71.25Capability gap
Who makes it
Manufacturers
In India
Indian Rare Earths Ltd (IREL)Toyotsu Rare Earths India
Global leaders
China Rare EarthIluka ResourcesMp Materials
On the ground
Localisation projects
- IREL Monazite Processing Plant
Intelligence
Related signals
- India Now Has a Structured Map of Where It Stays Import-Dependent
- India's Deepest Chokepoints: EUV Photoresist, Leading-Edge Logic and Aero-Engines
- Where Dependency Meets Feasibility: SiC Power and Display-Driver ICs Are the Build-Now Surfaces
- From Mineral Security to Mineral Processing — Why the Midstream Layer Decides Competitiveness
Sources
Primary references
Confidence: Verified. Verified: IREL monazite processing; Chinese dominance public. Part of Techadyant Labs' Critical Manufacturing Dependencies (Edition I).