In a wide-ranging and rambling speech on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit on Wednesday, Trump said the expected trade deal would be good for both countries and "something very exciting for everybody".
India must adopt a dual strategy on rare earth minerals, focusing both on domestic mineral sourcing and international cooperation for processing and production of metals to stem dependence on China, the world's largest supplier, NITI Aayog Member Arvind Virmani said on Thursday.
Pakistan and the US have advanced a rare earth minerals deal, with US Strategic Metals sending the first mineral samples for processing. While the pact could boost Pakistan's economy, PTI has demanded transparency, warning against "secret deals" that could harm national interests, Dawn repor
Union Minister for Electronics and Information Technology (MEITY) Ashwini Vaishnaw stated on Thursday that the supply chain for rare earth minerals in the electronics manufacturing industry is well-established and currently faces no bottlenecks in the domestic market.
Speaking at the 6th International Energy Conference and Exhibition in New Delhi, Singhvi said, "The government of India has recently signed a memorandum of understanding with Argentina for critical minerals. It also explores other countries."
Speaking with ANI, Keven Cheng, Deputy Director of TAITRA, said that Taiwan is keen on sourcing rare earth minerals from India. Rare earth elements are vital for sectors like electric vehicles, renewable energy, and defence.
India needs to work on a two-pronged strategy to secure a strategic position in the critical mineral space, said Abhishek Bhatia, Managing Director and Partner, Boston Consulting Group (BCG).
House Foreign Affairs East Asia and Pacific Subcommittee Chairwoman Rep Young Kim (CA-40) this week visited MP Materials' Mountain Pass Rare Earth Mine and hosted a roundtable at the Nixon Library, highlighting efforts to strengthen the US critical minerals supply chain and curb reliance on
Pakistan's Army Chief General Asim Munir noted that he holds no ambitions in the political landscape of his country and that he considers himself only a servant of the state, as stated in a column by Sohail Warraich, senior editor at Daily Jang newspaper, during the latter's meeting with
India is negotiating with China for the procurement of permanent magnets made from rare earth minerals. The government is also exploring alternative supply channels and domestic sources to reduce dependence on China.
Gauba stressed that India possesses large reserves of rare earth minerals, but there is an urgent need to "rapidly explore, survey, mine and process them."
India is engaged with China both commercially and diplomatically on the issue of rare earth minerals supply and is making all efforts to see that essential imports happen, Commerce Secretary Sunil Barthwal said on Monday.