India–UK Critical Minerals Global Supply Chain Observatory

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India–UK Critical Minerals Global Supply Chain Observatory

News:

The India–UK Critical Minerals Global Supply Chain Observatory is a newly established, strategic bilateral institution designed to secure the supply chains of raw materials that are essential for green energy, defense, and high-tech industries.

Core Objectives of the Observatory:

1. Supply Chain Mapping: Tracking the global flow of critical minerals from extraction to processing, helping both nations identify vulnerabilities, monopolies, or potential chokepoints.
2. Reducing Monopolies: Mitigating the global reliance on a single dominant supplier country (such as China, which controls the vast majority of global rare earth processing and graphite supply).
3. Early Warning Systems: Developing data-driven mechanisms to anticipate price volatility, geopolitical conflicts, or trade embargoes that could stall domestic manufacturing.
4. Joint R&D and Recycling: Promoting collaborative research into mineral processing, finding alternatives for scarce elements, and advancing "urban mining" (recycling critical minerals from electronic waste).

Just remember India established observatory with which country?

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