COMPAMIR
High-Purity Fact Pipeline
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High-Purity Fact Pipeline
Proterial
Andhra Pradesh, India
June 2026
Verified: June 15, 2026
"Japan's Proterial will invest 2,250 crore rupees to build a rare earth magnet plant in Andhra Pradesh, India. The facility will produce components for electric vehicles and wind turbines. The investment aims to strengthen India's local supply chain and reduce dependence on Chinese sources."