Indian Cabinet Poised to Approve Critical Mineral Deals with Germany and Canada

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Cabinet to Approve Critical Mineral Pacts with Germany, Canada

Neodymium at a rare earth factory in Baotou, Inner Mongolia, China. Photographer: Nelson Ching/Bloomberg

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CNBC TV18•24-02-2026, 15:24

Cabinet to Approve Critical Mineral Pacts with Germany, Canada

•Cabinet likely to approve Joint Declaration of Intent with Germany for critical minerals cooperation.
•Similar pact with Canada also expected to receive Cabinet's nod.
•Decisions aim to bolster India’s strategic partnerships for clean energy transition and advanced technologies.
•Germany pact focuses on joint exploration, sustainable mining, supply chain resilience, and technology transfer.
•Moves align with India's Atmanirbhar Bharat push and Critical Minerals Mission.

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