The Quad countries have launched a Critical Minerals Initiative, which will focus particularly on mineral recovery, External Affairs Minister S Jaishankar said on Wednesday. Foreign Ministers of the Quad countries also discussed regional issues in the Indo-Pacific and the Israel-Iran conf
Quad Foreign Ministers met in Washington to launch key initiatives on maritime security, critical minerals, technology, and disaster response. The U.S. Department of State highlighted efforts to boost regional partnerships, economic resilience, and cooperation across the Indo-Pacific.
The factsheet released following the Quad Foreign Ministers Meeting (QFMM) stated, "Today, Quad Foreign Ministers are proud to announce the launch of the Quad Critical Minerals Initiative, an ambitious expansion of our partnership to strengthen economic security and collective resilience
During a joint press conference ahead of the Quad Foreign Ministers' meeting, Rubio noted that for him personally, a key focus point of the group's discussion will be the process of diversification of the global supply chain for critical minerals.
With new technologies of the 21st century dependent on critical minerals, Prime Minister Narendra Modi's visit to five countries beginning July 2 is expected to expand India's bilateral cooperation in areas such as mining and mineral resources as also energy.
Union Minister of Coal and Mines G Kishan Reddy on Tuesday held an inter-ministerial meeting with Union Minister Of Heavy Industries and Steel HD Kumaraswamy and officials from some central ministries and discussed a range of aspects of securing the supply chains of Rare Earth and Critica
India and Central Asian countries have expressed interest in joint exploration of rare earth and critical minerals at the recently held India-Central Asia Dialogue.
Despite strong expectations for future demand growth, investment decisions face significant market and economic uncertainties, according to the International Energy Agency (IEA).
Commerce and Industry Minister Piyush Goyal has cautioned that the world's heavy reliance on a handful of countries for critical mineral supplies poses a significant threat to global economic development, calling for urgent diversification of supply chains.
An increased capital expenditure and focus on rare earth minerals may shape India's Viksit Bharat journey, according to a report by EY. It suggested that policy measures must balance consumption support with increased capital expenditure.
India and Chile took a major step forward in strengthening their economic partnership by signing the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA).
Union Minister G Kishan Reddy called on the mining community to focus on the recovery of critical minerals from dumps and tailings to support advanced alloys and green technologies.