Russia and India may sign rare earth metals deal



05/13/2026 3:01 AM


Russia and India are negotiating collaboration on the joint exploration and processing of rare earth metals (REMs).



Yann Forget
According to sources cited by Reuters, the deal among the nations may be finalized in the coming two months.

The agency reports that the Indian government aims to lessen its reliance on China, which controls the worldwide market for REM supplies.

India has secured agreements for the procurement of essential minerals with Argentina, Japan, and Australia. It is also presently in talks for "wider bilateral agreements" with both Peru and Chile.

As per sources from Reuters, India might revive its lithium exploration initiative with the Russian state company Rosatom in Mali. The agency's source believes this could happen if the political climate in the West African nation becomes stable.

source: reuters.com

 


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