[SMM Aluminum Flash News] India and US Sign Critical Minerals Framework to Strengthen Rare Earth Supply Chains

Published: May 29, 2026 11:44

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India and the US have signed a new critical minerals framework agreement during the Quad foreign ministers’ meeting to strengthen rare earth and strategic mineral supply-chain security and reduce dependence on China. The agreement covers the full supply chain, including mining, processing, refining and recycling, as well as joint investment, infrastructure development and financing support. Officials said the partnership will support industries such as clean energy, semiconductors, electric vehicles and defense manufacturing. Amid China’s continued dominance in rare earth processing, both countries are accelerating efforts to build alternative supply chains and improve long-term resource security.

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