The U.S.–India Strategic Partnership Forum (USISPF) welcomes India’s participation, led by Shri Ashwini Vaishnaw, Hon’ble Minister for Railways, Information & Broadcasting, Electronics and Information Technology, in the Finance Ministerial on Securing Critical Minerals Supply Chains in Washington, D.C., hosted by U.S. Treasury Secretary Scott Bessent. This engagement underscores the strategic convergence between India and the United States on building secure, resilient, and diversified critical mineral supply chains.
India today is emerging as a pivotal critical‑minerals player, with some of the world’s largest reserves of key resources such as the rare earth elements, alongside a rapidly expanding exploration and auction pipeline. Leveraging this geological endowment is essential not only to unlock a significant economic opportunity – supporting advanced manufacturing, sustainable energy, and high‑tech jobs but also to reduce global over‑dependence on a few concentrated supply sources.
Closer U.S.–India cooperation on critical minerals directly advances both countries’ priorities: India’s ambitions to become a global manufacturing and clean‑energy hub, and the U.S. agenda to secure trusted supply chains for energy transition technologies, semiconductors, and defense systems. A robust bilateral critical‑minerals partnership can help catalyze investment in exploration, processing, and recycling in India, supported by U.S. technology, capital, and market access.
USISPF strongly supports efforts to deepen government–industry collaboration on: co‑developing transparent and predictable policy frameworks; promoting joint ventures and technology partnerships across the mine‑to‑market value chain. We believe these steps are vital to translating India’s resource potential into real projects and bankable, long‑term contracts that underpin both countries’ energy security and industrial competitiveness.
We look forward to continued engagement with policymakers and industry leaders in both countries to advance practical initiatives that strengthen critical‑minerals cooperation and reinforce resilient, trusted supply chains in support of our shared economic and strategic objectives.