India and Japan Discuss Joint Exploration of Rare Earth Deposits in Rajasthan
2 hours agoBusiness
32LENS
5 SourcesRajasthan, India
TBNthebalanced.news

India and Japan Discuss Joint Exploration of Rare Earth Deposits in Rajasthan

India and Japan are engaged in talks to jointly explore rare earth mineral deposits in Rajasthan, identified to contain 1.29 million metric tons of rare earth oxides. Japan aims to reduce reliance on China by providing technology and funding for extraction, while India seeks to develop processing facilities to cut dependence on Chinese imports. Discussions follow a preliminary critical minerals pact, though specific corporate partnerships and timelines remain undisclosed. Rare earths are vital for manufacturing permanent magnets used in electric vehicles, defense, and renewable energy technologies.

Political Bias
10%80%10%
Sentiment
65%