Source:https://www.scmp.com/week-asia/politics/article/3321267/india-australia-unite-challenge-chinas-rare-earth-reign
This Week in AsiaPolitics

India, Australia unite to challenge China’s rare earth reign

Australia’s tech and resources could unlock India’s vast untapped reserves, analysts say, creating a whole new supply chain

Biman Mukherji
Indian Prime Minister Narendra Modi shakes hands with Australian Prime Minister Anthony Albanese at a G20 summit in 2023. Photo: Reuters
In the race to secure the building blocks of tomorrow’s technology, India and Australia are edging ever closer to a strategic minerals partnership, positioning themselves as a counterweight to China’s dominance.

Negotiations are ongoing, with both nations exploring avenues to build upon their critical minerals investment partnership – launched in 2022 – to establish joint ventures that could encompass not only sourcing but also collaborative processing of these elements that are essential to the automotive, electronics and defence sectors.

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