Topic
rare earths
Commodities India and Myanmar Signal Closer Rare Earth Mining Ties Amid China Dominance
India and Myanmar are strengthening cooperation in rare earth mining, with Indian delegations visiting and the Indian ambassador highlighting win-win opportunities. Nearly half the world's heavy rare earth supply originates from Myanmar's Kachin state, currently shipped to China for processing. Indian firms including IREL, NTPC Mining, and Himadri Specialty are involved.
Trade India deepens critical minerals, rare earths, and chips partnerships globally
India is expanding its critical minerals and rare earth supply chain through bilateral partnerships with 35 countries, including a new investment in Indonesia for steel, nickel, and rare earth magnets. The National Critical Mineral Mission (NCMM), launched in January 2025, underpins a seven-year strategy to secure these resources for clean energy and advanced technologies.
Trade India Targets Myanmar Rare Earths Amid Diplomatic Visit
India is exploring rare earth imports from Myanmar during President Min Aung Hlaing's visit. Bilateral trade has grown 23% to $2.15 billion in FY25, with pulses dominating Myanmar's exports.
Trade India, US Forge Pact on Critical Minerals, Rare Earths
India and the US have signed a bilateral framework to secure the supply chain of critical minerals and rare earths. This agreement, signed during the Quad Foreign Ministers' meeting, aims to enhance cooperation in mining, processing, and recycling.