As India rises in critical minerals race, can it dent China’s dominance?
India and the United States have signed a framework agreement to secure critical mineral and rare earth supplies, aiming to reduce reliance on single-source monopolies. This pact, signed during US Secretary of State Marco Rubio's visit, is part of a broader Quad initiative to establish a $20 billion critical minerals framework. The move is a response to concerns over China's export controls on vital technological supply chain components. AI
IMPACT Secures supply chains for critical minerals essential for AI hardware, potentially reducing geopolitical risks and diversifying manufacturing.