Press Release: Press Information Bureau

P

Ministry of Mines

Statement by Union Minister of Coal and Mines Shri G Kishan Reddy on Memorandum of Cooperation on Mineral Resources between India and Japan

Posted On:
29 AUG 2025 7:22PM by PIB Delhi

Prime Minister Shri Narendra Modi is currently in Japan to attend the 15th India-Japan Annual Summit along with the Prime Minister of Japan, Shigeru Ishiba. The Prime Ministers of both countries have committed to cooperate in multiple areas such as the economy, health, mobility partnership, AI, science and technology and critical minerals and rare earth elements.

The Ministry of Mines, Government of India’s Memorandum of Cooperation (MoC) with the Ministry of Economy, Trade and Industry (METI), Japan in the Field of Mineral Resources is a part of the ongoing efforts of the Government of India to establish and diversify the critical minerals supply chains which is essential to not only achieve our energy security, national security and food security objectives but also achieve the net zero emission goals.

The following areas have been identified for close collaboration

• Exchange of information on mineral resources, including policies, regulations, possible joint development of critical mineral projects, mining auctions, sustainable deep-sea mining and other relevant information in mineral extraction, processing, and efforts for stockpiling of critical minerals.
• Promote joint investments in exploration, mining and processing for critical minerals in India and resource rich countries.
• Additionally, any other forms of cooperation that are mutually agreed upon in writing between the Parties will also be pursued.

****

Shuhaib T

(Release ID: 2162001)
Visitor Counter : 7