The United States has invited India to a high-level G7 finance ministers’ meeting on critical minerals scheduled for January 12 in Washington. Union IT Minister Ashwini Vaishnaw will represent India, signaling deeper cooperation amid concerns over China’s dominance in global supply chains. The talks aim to diversify and secure mineral resources.
The US is intensifying its engagement with India on critical minerals, vital for clean energy, electronics, and defense. Treasury Secretary Scott Bessent confirmed India’s participation in the upcoming G7 finance ministers’ meeting, underscoring Washington’s intent to build resilient supply chains and reduce reliance on China.
Key Highlights
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Meeting Date & Venue: January 12, 2026, Washington, hosted by US Treasury Secretary Scott Bessent.
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India’s Representation: Union IT Minister Ashwini Vaishnaw will attend, marking India’s growing role in global mineral security.
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Strategic Context: China currently dominates refining of lithium, cobalt, and rare earths, raising concerns of supply chain weaponization.
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Global Collaboration: India joins Australia and other nations in discussions with G7 economies to diversify mineral sources.
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India’s Domestic Push: India has launched a National Critical Mineral Mission, with plans for over 100 mineral block auctions to strengthen domestic supply.
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Broader Initiatives: India is also set to join the US-backed Pax Silica initiative, aligning with global efforts in AI and advanced technologies.
This engagement highlights India’s rising importance in shaping the future of green energy, technology manufacturing, and defense supply chains.
Sources: Moneycontrol, Outlook Business, Republic World, Economic Times, NewsBytes, Business Today.