Brazil has signed a rare earths agreement with India, aimed at reinforcing supply chains and supporting much-needed capacity expansion as domestic demand rises in the South Asian country. Brazilian President Luiz Inácio Lula da Silva, who is on a three-day visit to New Delhi, witnessed the signing alongside Indian Prime Minister Narendra Modi, according to Reuters. Brazil holds the world’s second-largest reserves of rare earth minerals, including materials vital for steelmaking, and ranks among the leading global producers of iron ore. Closer collaboration is expected to enhance India’s access to raw materials and technologies needed to sustain
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