Narendra Modi and Luiz Inácio Lula da Silva Sign Mineral Deal

Narendra Modi and Luiz Inácio Lula da Silva signed a five-year agreement in New Delhi to cooperate on the mining and processing of critical minerals and rare earth metals.The strategic partnership aims to reduce India's reliance on China, which currently controls 90% of the global processing capacity for materials used in electric vehicles and solar panels.This memorandum focuses on technology transfer and AI for data analysis while strengthening trade between the two nations beyond existing exports of sugar and crude oil.