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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement