ADVERTISEMENT

ADVERTISEMENT

USISPF welcomes India’s participation in U.S. minerals meet

India’s participation will help build momentum for securing critical mineral supply chains vital to technology, energy, and national security, the forum said.

USISPF / Image- USISPF

The U.S.–India Strategic Partnership Forum welcomed India’s participation in the inaugural Critical Minerals Ministerial Meeting hosted by the U.S. Department of State in Washington, D.C.

“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 said in its statement.

Also Read: India-U.S. trade deal in final stages of detailing: EAM Jaishankar

The forum noted that India is emerging as a pivotal critical minerals player, with some of the world’s largest reserves of key resources such as rare earth elements and a rapidly expanding exploration and auction pipeline. 

It said leveraging this geological endowment is essential to unlock economic opportunities in advanced manufacturing, sustainable energy, and high-technology jobs while reducing global overdependence on a few concentrated supply sources.

USISPF said it supports a critical mineral framework agreement that can serve as a template to ensure U.S. and Indian access to critical minerals through standards for government and private investment in mining, processing, and recycling, along with price guarantees to protect producers from unfair trade policies.

It also voiced support for efforts to deepen government–industry collaboration by co-developing transparent and predictable policy frameworks and 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,” the forum said.

“We look forward to continued engagement with policymakers and industry leaders in both countries to advance practical initiatives like President Donald 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,” USISPF added.

India’s participation in the ministerial meeting comes amid broader U.S. efforts to diversify critical mineral supply chains essential for sectors ranging from renewable energy and electric vehicles to defense systems and semiconductors. Critical minerals discussed at the meeting include lithium, cobalt, nickel, and rare earth elements, whose supply is concentrated in a limited number of countries.

During his engagements in Washington, S. Jaishankar emphasized the need for international cooperation to address supply chain concentration risks in critical minerals and supported structured global collaboration to de-risk sourcing.

The ministerial meeting followed high-level meetings between Jaishankar and Secretary Rubio, where discussions covered deepening bilateral cooperation on economic, technology, and strategic issues, including critical minerals.

Discover more at New India Abroad.

Comments

Related