India and the United States will also collaborate on joint research for metals like lithium, titanium, gallium, and vanadium.
New Delhi: In what can be considered good news for India, the United States has removed Indian company IREL from its restricted list. This decision will help the Modi government purchase and refine rare metals. The National Security Advisor of the United States, Jake Sullivan, made the announcement on Monday. It marks a significant step toward implementing the India-U.S. civil nuclear agreement.
The decision is likely to open up multiple avenues for cooperation between India and the United States. Both nations will collaborate in areas such as space exploration, mining, and the supply of critical metals.
India to Gain Significantly in Rare Metals Sector
The decision to remove the IREL from the restricted list will give a major boost to India in the rare metals sector. This move by the US will make it easier for IREL to trade in the international market. The decision shows how the India-US relationship is becoming stronger. Strengthening the civil nuclear agreement between the two nations, the partnership is further cemented through an agreement on critical minerals.
This deal will enhance the supply of metals like graphite, gallium, and germanium, which are crucial for electronic devices and other industries. The agreement promises mutual benefits for both countries.
Both countries to conduct joint research
India and the United States will also collaborate on joint research for metals like lithium, titanium, gallium, and vanadium. The main purpose behind this partnership is to develop new technologies for processing these metals. According to a fact sheet released by the White House, the Geological Survey of India and the U.S. Geological Survey will work together on the exploration and evaluation of rare metals.
Expanding Cooperation in Space
Cooperation between the two countries is growing in the space sector. According to the reports, the American and Indian astronauts will work together for the first time aboard the International Space Station, as part of the Axiom-4 mission.
This marks a significant milestone in U.S.-India space collaboration. Additionally, the two nations will launch a new space program aimed at fostering commercial partnerships in lunar exploration, human spaceflight, geospatial data, and technological advancements.
