US-India Critical Minerals Ministerial

The US-India Strategic Partnership Forum welcomed India's participation, led by External Affairs Minister S. Jaishankar, in the inaugural Critical Minerals Ministerial hosted by US Secretary of State Marco Rubio at the United States — United States Department of State in Washington DC. This engagement aims to create momentum for collaboration to secure critical mineral supply chains, which are vital for technological innovation, economic strength, and national security for both the United States and India. India is emerging as a significant player in critical minerals, possessing some of the world's largest reserves of rare earth elements and a growing exploration and auction pipeline. Leveraging these resources is crucial for economic opportunity, supporting advanced manufacturing, sustainable energy, and high-tech jobs, while also reducing global reliance on a few concentrated supply sources. The US-India Strategic Partnership Forum supports a critical mineral framework agreement to ensure access to these minerals through standards for government and private investment in mining, processing, and recycling, along with price guarantees. They also advocate for deepening government-industry collaboration on policy frameworks, joint ventures, and technology partnerships across the entire value chain, including initiatives like 'Project Vault' by Donald Trump.