India is seeking rare earth samples from a Russia-linked Siberian deposit owned by Rosneft, according to a source familiar with confidential discussions. The source says India wants to study the mineral composition of the deposit before deciding on any deeper engagement. The talks are conducted through government channels, with the source speaking on condition of anonymity.\n\nMultiple reports identify India’s state miner, IREL, as the entity involved in discussions with Rosneft for samples from Siberia’s Tomtor deposit. The stated approach is first to obtain and analyze samples and then consider further steps based on the findings.\n\nThe reports describe the effort as part of India’s broader push to secure critical mineral supply for growing demand, including for applications such as electric vehicles and clean energy. While the outlets discuss India’s interest in diversifying supply away from China, the immediate near-term focus in the reporting is on sample collection and assessment rather than any announced agreement for larger-scale procurement.
India seeks rare earth samples from Rosneft-linked Siberian deposit
India is seeking rare earth samples from a Russia-linked Siberian deposit owned by Rosneft, according to a source familiar with confidential discussions. The source says India wants to study the miner...
- India is seeking rare earth samples from a Rosneft-owned, Russia-linked Siberian deposit.
- The deposit identified in reports is the Tomtor deposit in Siberia.
- IREL, India’s state miner, is involved in talks with Rosneft for samples.
- Indian officials plan to study the mineral composition before considering deeper engagement.
- The discussions are described as taking place through government channels and are confidential.
India is seeking rare earth samples from Russia. This move aims to diversify critical mineral supplies away from China. State miner IREL is in talks with Rosneft for samples from Siberia's Tomtor deposit. India will study the mineral composition before further engagement. This effort supports India's growing demand for rare earths in electric vehicles and clean energy.
2 months agoIndia is keen to study the mineral composition of the deposit before considering deeper engagement, said the source, who has knowledge of the matter and spoke on the condition of anonymity as the discussions are confidential
2 months agoThe talks are taking place through government channels
2 months ago
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