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GOVERNMENT OF INDIA
DEPARTMENT OF ATOMIC ENERGY
LOK SABHA
UNSTARRED QUESTION NO - 1710
ANSWERED ON 29.07.2026
RARE EARTH CORRIDORS
1710. SMT. SANJNA JATAV
SHRI KRISHNA PRASAD TENNETI
Will the PRIME MINISTER be pleased to state:-
(a) the role assigned to Indian Rare Earths Limited (IREL) in the implementation of the
proposed Rare Earth Corridor in the country particularly in Andhra Pradesh;
(b) the details of the projects undertaken by IREL for the processing and value addition of
critical minerals during the last three years;
(c) the details of the investments made and employment generated through these projects; and
(d) the expected contribution of these initiatives towards achieving self-reliance in the critical
minerals supply chain in the country?
ANSWER
THE MINISTER OF STATE FOR PERSONNEL, PUBLIC GRIEVANCES & PENSIONS AND
PRIME MINISTER’S OFFICE (DR. JITENDRA SINGH)
(a) The Union Budget 2026-27 made an announcement to support mineral-rich states of
Odisha, Kerala, Andhra Pradesh, and Tamil Nadu to establish dedicated Rare Earth
corridors to promote mining, processing, research and manufacturing. In line with the
announcement, a Joint Working Group (JWG) comprising all stakeholder Ministries of
Government of India and the four State Governments was formed for formulation of
guidelines for the same. IREL (India) Ltd. (IREL), a PSU under Department of Atomic
Energy is part of the JWG formed.
(b & c) IREL has completed a project - “Rare Earth Permanent Magnet plant, Visakhapatnam”
for strategic applications during the year 2024. The project cost was Rs. 196.50 crore
and the project has generated employment for 65 persons.
(d) The Projects undertaken by IREL will help in achieving the target set under the Scheme
to promote manufacturing of Sintered Rare Earth Permanent Magnets approved by
Government of India in 2025.
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