GOVERNMENT ANNOUNCES RARE EARTH CORRIDORS IN 4 STATES

In the Union Budget 2026, the government has announced that dedicated corridors will be set up for the minerals in four states - Tamil Nadu, Kerala, Odisha and Andhra Pradesh. This will give a boost to the mineral-rich states to promote the mining, processing, research and manufacturing of rare earth minerals. Rare earths are a group of 17 elements that are crucial in everything from consumer electronics, like smartphones, to electric vehicles and even fighter jets. Companies like

, , and set to benefit from this announcement.