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As India rises in critical minerals race, can it dent China’s dominance?

As India rises in critical minerals race, can it dent China’s dominance?
Key Points

A new India-US pact on critical minerals has put the spotlight on New Delhi’s potential as an alternative to China, but analysts say despite the country’s significant resources, it is unlikely to dent Beijing’s dominance in the sector any time soon. Delhi and Washington signed a framework agreement on May 26 during US Secretary of State Marco Rubio’s visit to India to secure supplies of critical minerals and rare earths, including their mining and processing. According to a US embassy...

A new India-US pact on critical minerals has put the spotlight on New Delhi’s potential as an alternative to China, but analysts say despite the country’s significant resources, it is unlikely to dent Beijing’s dominance in the sector any time soon. Delhi and Washington signed a framework agreement on May 26 during US Secretary of State Marco Rubio’s visit to India to secure supplies of critical minerals and rare earths, including their mining and processing. According to a US embassy statement,...
India (LOCATION) China (LOCATION) US (LOCATION) New Delhi’s (LOCATION) Beijing (LOCATION) Delhi (LOCATION) Washington (LOCATION) State (ORG) Marco Rubio (PERSON)
Originally published by South China Morning Post Read original →