'Exploring resources': After oil, India-Russia to tie-up on rare earth? How New Delhi aims to steer away from China’s monopoly
'Exploring resources': After oil, India-Russia to tie-up on rare earth? How New Delhi aims to steer away from China’s monopoly
India is seeking partnerships with Russian firms to secure vital rare earth magnets and minerals, a move driven by China's tightening export controls. Indian companies and research institutions are evaluating Russian processing technologies, aiming to diversify supply chains and bolster domestic production. This collaboration is part of a wider effort to reduce reliance on China for these critical resources.
India is seeking partnerships with Russian firms to secure vital rare earth magnets and minerals, a move driven by China's tightening export controls. Indian companies and research institutions are evaluating Russian processing technologies, aiming to diversify supply chains and bolster domestic production. This collaboration is part of a wider effort to reduce reliance on China for these critical resources.