NYSE American · Basic Materials
Invest in IMC Rare Earths stock from India
Indian and foreign residents can buy IMC Rare Earths (IMC) shares directly through Paasa.
By Paasa · Updated
IMC Rare Earths at a glance
- Price
- $7.26-$0.24 (3.20%)
- Market cap
- $763.03M
- Day range
- $7.13 – $7.92
- P/E
- —
- Dividend yield
- None
- Volume
- 42.00K
How to invest in IMC Rare Earths from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search IMC and buy
Find IMC Rare Earths by name or by its ticker, IMC, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.
Why invest in IMC Rare Earths from India
What IMC Rare Earths does
A mineral exploration and development company focused on the exploration, development and long-term supply of certain rare earth elements. Its principal project is the Itarantim Project, an ionic adsorption clay rare earth deposit located in the States of Bahia and Minas Gerais, Brazil. IMC Rare Earths operates in the Industrial Materials industry within the Basic Materials sector.
Hold a dollar asset
IMC Rare Earths shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a share
Buy by amount, not by share, and get the matching fraction of one IMC Rare Earths share. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy IMC Rare Earths stock from India?
Yes. Indian residents and NRIs can buy IMC Rare Earths (IMC) shares directly through Paasa. IMC Rare Earths is listed on NYSE American, in the Industrial Materials industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full IMC Rare Earths share?
No. You can buy part of one IMC Rare Earths share and add to your position over time. One share is $7.26, and you can buy whole shares or any fraction; there is no minimum trade size.
How are IMC Rare Earths dividends taxed for Indian investors?
IMC Rare Earths trades on NYSE American but is domiciled in Brazil, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell IMC Rare Earths shares?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.