Lohum Unveils Rs 500 Crore Rare Earth Magnet Production Plant in UP
Published on: Nov. 10, 2025, 7:11 p.m. | Source: Devdiscourse
Lohum has launched a Rs 500 crore rare earth element magnet production facility in Uttar Pradesh, aiming to build India's self-reliance in critical minerals. The plant will produce light and heavy rare earth elements, supporting key industries like technology, renewable energy, and defense, while aligning with government initiatives.
