New Delhi, May 26: India and the United States have signed a strategic agreement on critical minerals aimed at securing supply chains, boosting cooperation in key resource sectors, and reducing global dependence on concentrated sources of supply.
The partnership focuses on strengthening access to essential minerals required for clean energy technologies, electric vehicles, advanced manufacturing, and semiconductor industries. Officials said the initiative is designed to ensure more resilient, diversified, and secure supply networks.
The agreement comes amid growing global concerns over supply chain vulnerabilities in critical raw materials, which are essential for next-generation technologies and energy transition goals.
Both countries are expected to collaborate on exploration, processing, recycling, and investment in critical mineral projects, along with technology sharing and private sector participation to scale up production capacity.
Experts noted that the move could help diversify sourcing options for key inputs currently dominated by a limited number of suppliers, while also encouraging new investments in mining and processing infrastructure.
Officials said the partnership reflects a broader effort to strengthen strategic economic ties between India and the US and support long-term industrial and clean energy goals through secure access to critical resources.