+
India to Seek Critical Minerals Deals With Brazil, Canada and Europe
COAL & MINING

India to Seek Critical Minerals Deals With Brazil, Canada and Europe

India is conducting talks with Brazil, Canada, France and the Netherlands to seek cooperative arrangements to explore, extract, process and recycle critical minerals. The discussions are focused on lithium and rare earths and also aim to secure access to mineral processing technologies. Sources declined to be identified because the negotiations remain confidential.

Officials said the push reflects concern over heavy reliance on China, which dominates global supplies of many minerals and holds advanced mining and processing capabilities. The outreach is part of a broader strategy to accelerate the energy transition and cut emissions while diversifying supply chains. Mining remains a lengthy undertaking as exploration alone typically runs five to seven years and often does not result in a viable mine.

India seeks to emulate elements of a critical minerals agreement signed with Germany in January that covers exploration, processing and recycling as well as the acquisition and development of mineral assets in both countries and in third countries. The Ministry of Mines is leading the effort and sources said talks with France, the Netherlands and Brazil are under way while an agreement with Canada is under active consideration. Canada's prime minister, Mark Carney, is likely to visit India in early March and to sign deals concerning uranium, energy, minerals and artificial intelligence, according to officials. Canada's Natural Resources Department referenced a January statement that both sides had agreed to formalise cooperation on critical minerals.

India has already signed pacts related to critical minerals with Argentina, Australia and Japan and is engaged in talks with Peru and Chile on broader bilateral arrangements. The expanding engagement coincides with recent discussions by finance ministers from major economies on reducing dependence on rare earths from China. In 2023 the government identified more than 20 minerals, including lithium, as critical to the energy transition and to meet rising demand from industry and infrastructure. Securing diverse sources and processing technology remains a strategic priority for policymakers.

India is conducting talks with Brazil, Canada, France and the Netherlands to seek cooperative arrangements to explore, extract, process and recycle critical minerals. The discussions are focused on lithium and rare earths and also aim to secure access to mineral processing technologies. Sources declined to be identified because the negotiations remain confidential. Officials said the push reflects concern over heavy reliance on China, which dominates global supplies of many minerals and holds advanced mining and processing capabilities. The outreach is part of a broader strategy to accelerate the energy transition and cut emissions while diversifying supply chains. Mining remains a lengthy undertaking as exploration alone typically runs five to seven years and often does not result in a viable mine. India seeks to emulate elements of a critical minerals agreement signed with Germany in January that covers exploration, processing and recycling as well as the acquisition and development of mineral assets in both countries and in third countries. The Ministry of Mines is leading the effort and sources said talks with France, the Netherlands and Brazil are under way while an agreement with Canada is under active consideration. Canada's prime minister, Mark Carney, is likely to visit India in early March and to sign deals concerning uranium, energy, minerals and artificial intelligence, according to officials. Canada's Natural Resources Department referenced a January statement that both sides had agreed to formalise cooperation on critical minerals. India has already signed pacts related to critical minerals with Argentina, Australia and Japan and is engaged in talks with Peru and Chile on broader bilateral arrangements. The expanding engagement coincides with recent discussions by finance ministers from major economies on reducing dependence on rare earths from China. In 2023 the government identified more than 20 minerals, including lithium, as critical to the energy transition and to meet rising demand from industry and infrastructure. Securing diverse sources and processing technology remains a strategic priority for policymakers.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code