India and Australia form rare earth alliance to counter China’s dominance
India and Australia are strengthening their strategic minerals partnership to reduce reliance on China’s control over rare earth elements vital to modern tech. Launched in 2022, the initiative is evolving to include joint exploration, processing, and extraction ventures. These minerals are essential for key industries such as electric vehicles, renewable energy, and defense. The countries aim to build resilient supply chains and develop domestic capabilities. Talks are ongoing to solidify partnerships and technology transfers that could reshape global access to critical resources.
This could mark a major shift in the rare earth supply landscape and reduce global dependence on China’s monopoly.
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