India joins US-led Minerals Security Finance Network
ECONOMY & POLICY

India joins US-led Minerals Security Finance Network

India has officially joined the US-led minerals security finance network, which is designed to enhance cooperation and facilitate information sharing and co-financing among institutions in the Indo-Pacific region and Europe, according to the US State Department.

This network aims to promote diverse, secure, and sustainable supply chains for critical minerals, as outlined in the announcement made on Monday. This development comes in response to China's increasing influence over global critical mineral supplies.

"The energy transition is at risk," stated Undersecretary of State Jose Fernandez during discussions at the United Nations General Assembly in New York City. He emphasized the need for increased production capacity for critical minerals, noting that many supply chains are concentrated in just one or two countries, which undermines their resilience.

This initiative is part of the Minerals Security Partnership, a framework established by the US in 2022 alongside 13 countries and the European Commission, aimed at diversifying supply chains for critical minerals among its participants.

India is actively pursuing critical mineral resources from countries such as Argentina, Chile, and Australia, as well as certain African nations. Additionally, Kazakhstan in Central Asia may also become a key supplier for India’s needs.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

India has officially joined the US-led minerals security finance network, which is designed to enhance cooperation and facilitate information sharing and co-financing among institutions in the Indo-Pacific region and Europe, according to the US State Department. This network aims to promote diverse, secure, and sustainable supply chains for critical minerals, as outlined in the announcement made on Monday. This development comes in response to China's increasing influence over global critical mineral supplies. The energy transition is at risk, stated Undersecretary of State Jose Fernandez during discussions at the United Nations General Assembly in New York City. He emphasized the need for increased production capacity for critical minerals, noting that many supply chains are concentrated in just one or two countries, which undermines their resilience. This initiative is part of the Minerals Security Partnership, a framework established by the US in 2022 alongside 13 countries and the European Commission, aimed at diversifying supply chains for critical minerals among its participants. India is actively pursuing critical mineral resources from countries such as Argentina, Chile, and Australia, as well as certain African nations. Additionally, Kazakhstan in Central Asia may also become a key supplier for India’s needs.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000