USISPF Praises India's Role in Critical Minerals Ministerial

• USISPF welcomed India's participation in the Inaugural Critical Minerals Ministerial in Washington DC, attended by EAM S Jaishankar and hosted by US Secretary of State Marco Rubio.
• This engagement aims to boost collaboration for securing critical mineral supply chains, crucial for technological innovation, economic strength, and national security.
• India is emerging as a key player in critical minerals, possessing large reserves of rare earth elements and an expanding exploration and auction pipeline.
• Leveraging India's geological resources is vital for economic opportunities, advanced manufacturing, sustainable energy, and reducing global overdependence on concentrated supply sources.
• USISPF advocates for a critical mineral framework agreement to ensure US and India's access through investment standards in mining, processing, recycling, and price guarantees.