{"id":10157,"date":"2024-10-04T15:30:32","date_gmt":"2024-10-04T09:45:32","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=10157"},"modified":"2024-10-04T15:30:32","modified_gmt":"2024-10-04T09:45:32","slug":"us-india-to-cooperate-on-critical-minerals-statement","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/us-india-to-cooperate-on-critical-minerals-statement\/","title":{"rendered":"US, India to cooperate on critical minerals: statement"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p>The United States and India are set to work together on supply chains for critical minerals that are key to clean energy technologies, the US Commerce Department said Thursday in a statement.<\/p>\n<p>US Commerce Secretary Gina Raimondo and India&#8217;s Minister of Commerce and Industry Piyush Goyal met in the US capital Washington on Thursday, inking a deal to &#8220;expand and diversify&#8221; critical mineral supply lines.<\/p>\n<p>The aim of the Memorandum of Understanding (MoU) is to increase resilience in the critical minerals sector, said the statement.<\/p>\n<p>Both sides will also identify ways to facilitate &#8220;commercial development of US and Indian critical minerals exploration, extraction, processing and refining, recycling, and recovery,&#8221; the statement added.<\/p>\n<p>Rare earth elements and minerals are increasingly important given their use in clean energy technologies like batteries for electric cars.<\/p>\n<p>But the United States is set to face gaps in supplies when it comes to meeting projected demand for Electric Vehicles (EVs).<\/p>\n<p>China is a major player in the critical minerals supply chain.<\/p>\n<p>The United States and India also pledged Thursday to collaborate in the area of semiconductors.<\/p>\n<p>&#8220;We will continue to expand cooperation in new areas and strengthen existing ones by capitalising on the immense opportunities for India-US trade and commercial partnership,&#8221; Goyal said in a post on social media platform X.<\/p>\n<p>Last year, the United States and Japan reached an agreement on trade in critical minerals, seeking to reinforce supply chains in the face of China&#8217;s dominance.<\/p>\n<p>The US-Japan deal included commitments not to impose export duties on critical minerals shipped bilaterally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States and India are set to work together on supply chains for critical minerals that are key to clean energy technologies, the US Commerce Department said Thursday in a statement. US Commerce Secretary Gina Raimondo and India&#8217;s Minister of Commerce and Industry Piyush Goyal met in the US capital Washington on Thursday, inking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-10157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/10157"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=10157"}],"version-history":[{"count":1,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/10157\/revisions"}],"predecessor-version":[{"id":10159,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/10157\/revisions\/10159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/10158"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=10157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=10157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=10157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}