Exploring critical mineral reserves in PM Modi's 5-Nation tour
Prime Minister Modi is on a trip across Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia. The main goal? Locking in deals for minerals like lithium and uranium—key ingredients for things like electric vehicles and clean energy.
He's also looking at partnerships in hydrocarbons and rare earths to fuel India's green growth.
Why this tour and these deals are crucial for India
With global demand for these resources skyrocketing (thanks to tech and EV booms), India risks falling behind if it doesn't act fast.
By teaming up with mineral-rich countries in Africa and Latin America, India hopes to boost its own industries, cut down on risky imports, and keep pace with countries like China.
The tour has already led to major agreements—including a $450 million credit line for Ghana—to help secure the materials that will power everything from smartphones to sustainable cities.