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India Russia near pact on critical minerals covering lithium rare earths and tech to cut China reliance

Business
Published on 12 May 2026
India Russia near pact on critical minerals covering lithium rare earths and tech to cut China reliance

A minerals deal could reroute India’s supply chain

India and Russia are reportedly in advanced talks for a critical minerals pact that would span exploration, processing and technology for resources like lithium and rare earths. The proposed framework is designed to reduce India’s dependence on China while enabling easier corporate investment. If finalized, it could strengthen long-term access to inputs key for clean energy and high-tech manufacturing.

  • India and Russia are in advanced talks for a critical minerals pact
  • Deal scope includes exploration processing and technology
  • Lithium and rare earths are among the targeted resources
  • The effort aims to cut reliance on China and attract investments
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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