There is an upward trend in India-China relations and Beijing has promised to address New Delhi's needs on rare earths, a top Indian official and a source said on Tuesday, as the neighbours rebuild ties that were damaged by a 2020 border clash.

Back in April, Beijing tightened the screws on exports of seven key rare earth elements and magnets, citing end-use checks and stricter licensing rules. For India, which depends on China for over 80 per cent of its magnet imports,

China has lifted restrictions on the export of rare-earth magnets to India, easing supply bottlenecks for EV makers. The move comes as India faces global tariff tensions and seeks to strengthen its electric vehicle supply chain.