WASHINGTON (AFP) – The United States (US) and India are set to work together on supply chains for critical minerals that are key to clean energy technologies, the US Commerce Department said on Thursday in a statement.
US Commerce Secretary Gina Raimondo and India’s Minister of Commerce and Industry Piyush Goyal met in the US capital Washington on Thursday, inking a deal to “expand and diversify” critical mineral supply lines.
The aim of the memorandum of understanding (MoU) was to increase resilience in the critical minerals sector, said the statement.
Both sides will also identify ways to facilitate “commercial development of US and Indian critical minerals exploration, extraction, processing and refining, recycling, and recovery”, the statement added.
