India bets big to break China's minerals grip
Synopsis India and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion in
Synopsis India and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion in mining and processing. This move aims to counter China's dominance in rare earths, crucial for clean energy and defense technologies. While India possesses significant reserves, developing its processing capacity remains a key challenge, necessitating international partnerships and sustained investment to achieve strategic self-reliance.
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