Context
Energy security and shift to a green future have put the focus on rare earth elements. However, India is import dependent on critical minerals. Thus, it needs “mining reforms, US partnership”.
Background
Analysis
What is Minerals Security Partnership (MSP)?
Members Australia, Canada, Finland, France, Germany, Japan, the Republic of Korea, Sweden, the United Kingdom, the United States, and the European Commission |
What is the aim of MSP? (Decrease Dependency On China For Critical Minerals)
Australia-India Critical Minerals Investment Partnership
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What Are Critical Minerals?
What are Rare Earth metals?
India’s position on Rare earth metal production
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Why these metals are ‘rare’ and ‘significant’?
India’s concerns
The plan
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Conclusion
Although the two countries have different resource endowments and capabilities, their green future has potential to build a more developed, resilient and sustainable clean energy supply chain.
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