US-India Forge Critical Minerals Alliance to Secure Supply Chains

The US-India Strategic Partnership Forum (USISPF) has praised India's participation in the inaugural Critical Minerals Ministerial hosted by the US in Washington DC. The forum stated this collaboration is crucial for securing supply chains essential for technological innovation and national security. India, with its vast reserves of rare earth elements, is seen as a pivotal player in reducing global overdependence on concentrated supply sources. The partnership aims to develop a framework for investment and cooperation across mining, processing, and recycling to bolster both countries' energy security and industrial competitiveness.

Key Points: US-India Critical Minerals Partnership Lauded by USISPF

  • India joins US-led Critical Minerals Ministerial
  • Aims to secure supply chains for tech and energy
  • India holds large reserves of rare earth elements
  • Partnership seeks to reduce global supply concentration
  • Framework to promote investment and fair trade
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USISPF lauds India's participation in Inaugural Critical Minerals Ministerial

USISPF welcomes India's role in Critical Minerals Ministerial with US, aiming to secure supply chains for tech, energy, and national security.

"This historic engagement will create momentum for collaboration to secure the critical mineral supply chains vital to technological innovation, economic strength, and national security. - USISPF statement"

New Delhi, February 5

The US-India Strategic Partnership Forum on Thursday said they welcomed India's participation in the Inaugural Critical Minerals Ministerial that was hosted by US Secretary of State Marco Rubio in Washington DC and had External Affairs Minister S Jaishankar in attendance.

This historic engagement will create momentum for collaboration to secure the critical mineral supply chains vital to technological innovation, economic strength, and national security, according to a statement from the Forum.

India today is emerging as a pivotal critical minerals player, with some of the world's largest reserves of key resources such as the rare earth elements, alongside a rapidly expanding exploration and auction pipeline. Leveraging this geological endowment is essential not only to unlock a significant economic opportunity supporting advanced manufacturing, sustainable energy, and high-tech jobs but also to reduce global overdependence on a few concentrated supply sources, as per the statement.

USISPF supports a critical mineral framework agreement that provides the template to ensure the US and India access to critical minerals through standards for government and private investment in areas including mining, processing and recycling to price guarantees that protect producers from competitors' unfair trade policies.

USISPF strongly supports efforts to deepen government-industry collaboration on: codeveloping transparent and predictable policy frameworks; promoting joint ventures and technology partnerships across the mine to market value chain. We believe these steps are vital to translating India's resource potential into real projects and bankable, long-term contracts that underpin both countries' energy security and industrial competitiveness.

We look forward to continued engagement with policymakers and industry leaders in both countries to advance practical initiatives like President Trump's "Project Vault" that strengthen critical minerals cooperation that is key to our economic and national security, technological leadership, and a resilient energy future.

- ANI

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Reader Comments

S
Sarah B
As someone working in the renewable energy sector, this is promising news. A stable supply of rare earth elements is the backbone of EV batteries and solar panels. A US-India framework could really accelerate our domestic manufacturing under schemes like PLI.
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Rohit P
Hope this translates into real jobs and investment on the ground, not just policy statements. We have the resources, but need the right technology and fair agreements. The focus should be on value addition in India, not just exporting raw materials.
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Priya S
While the partnership is good, we must proceed with caution. "Price guarantees that protect producers" sounds good, but we need to ensure our small-scale miners and local communities are not sidelined by large foreign corporations. Sustainable and inclusive mining is key.
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Michael C
The mention of "Project Vault" is interesting. Strategic mineral reserves are crucial for national security. This collaboration could be a game-changer for both economies, reducing vulnerability and fostering innovation. A win-win if managed well.
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Kavya N
Finally! We have been sitting on these resources for too long. Tapping into them with the right partner can make India a global hub for advanced manufacturing. Hope the environmental impact assessments are rigorous though. Jai Hind!

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