India, US strike critical minerals deal: What’s in it, why does it matter?
India and the United States have signed a framework agreement to secure supplies of critical minerals and rare earths. This deal aims to enhance cooperation in mining, processing, and recycling of these essential resources. The agreement is part of broader efforts to reduce reliance on China for critical minerals.
- ▪The agreement was finalized during US Secretary of State Marco Rubio's visit to India.
- ▪Critical minerals are essential for manufacturing various technological products and are vital for national security.
- ▪China currently controls a significant portion of the world's supply of rare earth minerals.
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EXPLAINEREconomy|Emerging MarketsIndia, US strike critical minerals deal: What’s in it, why does it matter?The agreement is latest US has signed as it seeks to diversify its rare earths supply chain.ListenListen (7 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on Googleinfoplay videoplay videoVideo Duration 04 minutes 50 seconds play-arrow04:50US Secretary of State Rubio in India to repair trade, energy and defence tiesBy Sarah ShamimPublished On 26 May 202626 May 2026India and the United States have signed a framework agreement to secure supplies of critical minerals and rare earths, including their mining and processing, according to the Indian Ministry of External Affairs and the US embassy in India.Tuesday’s deal was…
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