Amidst diplomatic strains between India and Canada, officials from both countries have come together to explore opportunities for cooperation in the critical mineral mining sector.
The discussions, led by India's Coal and Mines Minister Pralhad Joshi and Premier of Canada's Yukon Territory, Ranj Pillai on September 18, revolved around strengthening the supply-chain of critical minerals that hold immense economic significance.
While the specific critical minerals under discussion were not mentioned in the statement released by the Indian government, Yukon's abundant resources came into focus. The province boasts rich mineral deposits, including lead, zinc, silver, gold, asbestos, iron, and copper, making it an attractive potential partner for India's growing mining industry.
The meeting between Joshi and Pillai underscored the commitment to deepening cooperation in the mining sector, "especially mining of critical minerals". Both sides expressed their determination to strengthen the supply-chain of these minerals between the nations, Joshi and the ministry of mines said.
During the discussions, Pillai provided insights into the mining potential of Yukon and outlined pathways for utilizing Yukon resources to support Indian industry. In response, Joshi highlighted India's efforts in establishing the entity called 'KABIL' (Khanij Bidesh India Ltd.) to outsource critical and strategic minerals, securing access to these essential minerals.
The talks also paved the way for future collaboration, with Pillai extending an invitation to an Indian delegation to visit Yukon for further exploration of investment opportunities and potential mineral acquisitions.
This gesture demonstrated the willingness of both countries to engage in meaningful exchanges and foster deeper bilateral ties.
(Writing by Riley Liang Editing by Emma Yang)
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