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Lohum to set up Indias first integrated rare earth magnet manufacturing plant in Uttar Pradesh

Lohum, a critical minerals producer, will establish India’s first integrated rare earth magnet production facility in Uttar Pradesh with a capacity of 2,000 metric tonnes. The company aims to meet 20% of India’s rare earth magnet demand within three years and plans a $200 million fundraise and IPO by 2027.

By Finblage Editorial Desk

8:17 pm

10 November 2025

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