Gold ₹14,922.60/g ▲ +0.00% Silver ₹226.02/g ▲ +0.00% Platinum ₹5,271.32/g ▲ +0.89% Palladium ₹3,624.95/g ▲ +0.70% Rhodium ₹25,404.53/g ▲ +0.22% Copper ₹1,264.26/kg ▲ +0.58% Aluminium ₹271.94/kg ▼ -0.20% Cobalt ₹3,436.35/kg ▲ +0.22% Gallium ₹22,783.48/kg ▲ +0.22% Indium ₹68,743.27/kg ▲ +0.22% Iron Ore ₹8.02/kg ▼ -0.59% Lead ₹162.46/kg ▼ -0.20% Lithium ₹1,607.94/kg ▲ +0.22% Molybdenum ₹8,124.80/kg ▲ +0.22% Nickel ₹1,359.59/kg ▼ -0.27% Neodymium ₹12,406.51/kg ▲ +0.22% Tin ₹4,771.16/kg ▲ +0.24% Tellurium ₹10,455.52/kg ▲ +0.22% Uranium ₹17,323.43/kg ▲ +0.25% Zinc ₹324.57/kg ▲ +0.18% Crude Oil (Brent) ₹9,873.16/bbl ▲ +2.04% Crude Oil (WTI) ₹8,786.07/bbl ▲ +1.24% Gasoline ₹319.01/gal ▲ +1.52% Natural Gas ₹292.58/MMBtu ▲ +1.38%

Company

Midwest Energy

A Hyderabad-based company building a sintered NdFeB rare-earth magnet plant with 500 tonnes of annual capacity in its first phase.

Covered in 1 MetalsCost.com News Intelligence article, most recently on September 28, 2026.

Coverage

Midwest Energy to Start a Rs 250 Crore Rare-Earth Magnet Plant in Hyderabad

Midwest Energy will start commercial production at a Rs 250 crore rare-earth magnet plant in Hyderabad in mid-October. It is one of India's first attempts to make the magnets at scale instead of importing them from China.

Neutral · 4 days ago