India, Brazil sign rare earths deal to build ‘resilient supply chains’

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India and Brazil have signed an agreement focused on critical minerals and rare earths to establish more resilient supply chains. The deal aims to leverage Brazil's significant reserves of these minerals, essential for technologies like electric vehicles and renewable energy. India, seeking to reduce its reliance on China, is expanding its sourcing of these materials. The agreement promotes increased investment and cooperation in renewable energies and critical minerals between the two countries. While details of the agreement were not immediately released, both leaders emphasized the importance of the partnership for diversifying supply chains.
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