India Near Deal With G7 On Critical Minerals, US To Invite India To Pax Silica

India is close to a key agreement with G7 nations on sharing research and development of critical materials, Electronics and IT Minister Ashwini Vaishnav said during his visit to Washington, D.C. Discussions at the G7 meet focused on funding new projects, recycling, technology transfer and research collaboration to strengthen global critical mineral supply chains. The development comes as the US announced that India will soon be invited to join Pax Silica, an exclusive grouping of nations working on critical minerals. Market Expert Dharmesh Kant, Head of Equity Research, Chola Securities say the deal could benefit metal recyclers and critical mineral-linked stocks, with recyclers emerging as early beneficiaries amid rising global demand and strategic diversification away from China.