The Quad’s newly announced US$20 billion critical minerals framework aims to loosen China’s near-monopoly on the materials that power modern defence, technology and clean energy industries. But analysts say its success will depend on the ability of Australia, the United States, India and Japan – the Quadrilateral Security Dialogue’s four members – to move beyond policy declarations and deliver measurable outcomes. The initiative, announced after a meeting of Quad foreign ministers on May 27, has...
Soon after Donald Trump concluded a visit to China that he hailed as a great success, America’s top diplomat joined his Indian, Japanese and Australian counterparts in New Delhi for a meeting of the Quadrilateral Security Dialogue. At the meeting on May 26, US Secretary of State Marco Rubio and the foreign ministers launched the Quad Critical Minerals Initiative Framework, a strategic push to curb global reliance on Beijing for rare earth elements. Member states are pooling up to US$20 billion...
A new India-US pact on critical minerals has put the spotlight on New Delhi’s potential as an alternative to China, but analysts say despite the country’s significant resources, it is unlikely to dent Beijing’s dominance in the sector any time soon. Delhi and Washington signed a framework agreement on May 26 during US Secretary of State Marco Rubio’s visit to India to secure supplies of critical minerals and rare earths, including their mining and processing. According to a US embassy statement,...
From the QUAD meeting in New Delhi and India-U.S. critical minerals deal to fresh AIADMK defections to the TVK and rising CNG prices - here are the top stories of the day.
The Xi-Trump summit in Beijing unfolded much more cordially than the tense truce in Busan. In the six months since the leaders met in the South Korean city, America’s bargaining position has weakened considerably from developments both domestic and international. From a reluctant respite in tensions, US-China relations have evolved to what may be the beginning of a reconciliation. The two great powers interact at three levels. At the bottom is trade and investment; we can expect the terms of the...
The framework on securing supplies of mining and processing of critical minerals was signed on the sidelines of the Quad Foreign Ministers' meeting in New Delhi
Secretary of State made the remarks after holding wide-ranging talks with Jaishankar that focused on boosting two-way cooperation in areas of trade, critical minerals, energy and defence