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Ashwini Vaishnaw Arrives in Washington for US-Hosted Critical Minerals Meeting

The meeting aims to reduce reliance on hostile foreign powers as China holds about 70% market share in refining key minerals, officials said.

  • On Sunday, Ashwini Vaishnaw, India's Minister for Electronics and Information Technology, arrived in Washington DC to attend a critical minerals meeting hosted by US Treasury Secretary Scott Bessent.
  • The Trump administration says securing critical minerals and rare earths is a top priority tied to national and economic security, advancing this by convening finance ministers under US Treasury Secretary Scott Bessent.
  • IEA data show China dominates refining with around 70 per cent market share and controls supply chains for manganese sulphate and phosphoric acid.
  • Vaishnaw said securing supply chains is essential for `Viksit Bharat` and will participate in the Critical Minerals Ministerial meeting tomorrow, signaling immediate Indian engagement.
  • The meeting brings together G7 members and the European Union, and media reports say invited partners include India and Australia, expanding the ministerial’s multilateral scope.
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Moneycontrol broke the news in India on Sunday, January 11, 2026.
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