By Sahil Pandey
New Delhi, May 26 (ANI): India and the United States on Tuesday signed a bilateral framework aimed at securing the supply, mining, and processing of critical minerals and rare earth elements.
External Affairs Minister S. Jaishankar announced the landmark agreement, highlighting its strategic importance in a highly contested global landscape following bilateral discussions and the Quad Foreign Ministers’ Meeting.
“We are today signing a bilateral India-US framework on securing supplies of mining and processing of critical minerals and rare earths,” Jaishankar said.
Emphasizing that the issue was also a key point of discussion during the Quad meeting, the minister noted that securing these resources is “very timely and critical,” whether pursued bilaterally, through the Quad format, or within a broader group of like-minded nations.
The framework is designed to deepen comprehensive cooperation across the entire critical minerals and rare earth supply chain.
According to Jaishankar, the partnership will encompass mining, processing, recycling, and related investments.
“It will strengthen resilient and diversified supply chains, help us collaborate on financing, and support the effective management of critical minerals and rare earths,” the External Affairs Minister added.
Calling the agreement a testament to the strengthening Washington-New Delhi partnership, Jaishankar said, “It is one more sign of how close our cooperation is in a world where there are so many challenges but also so many opportunities.”
US Secretary of State Marco Rubio highlighted the importance of India for the United States and said the signing of the agreement is a tangible example of the growing partnership.
“I have spoken often during my time here over the last few days about the strategic alliance between the United States and India and how important that is for our national interest in the United States. And today is a tangible example of it,” Rubio said.
He underlined that India and the United States share strategic interests in ensuring reliable long-term access to critical minerals and supply chains essential for their innovation-driven economies.
Critical minerals and rare earth elements are crucial components in high-tech electronics, clean energy technologies, defense systems, and electric vehicles.
The move to diversify supply chains comes amid global efforts to reduce reliance on single-source suppliers, particularly China, which currently dominates the global processing market. (ANI)
About The Author
