
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.
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