Mining Pact Between India and Mongolia:
India is poised to sign a preliminary agreement with Mongolia to enhance bilateral cooperation in the fields of geology and exploration. This agreement focuses on sourcing critical minerals, particularly copper and coking coal, vital for India’s industrial sectors. Mongolia’s rich reserves of these minerals offer India an opportunity to reduce dependence on imports from other nations, particularly in the wake of rising demand for copper, used in power generation, construction, and electric vehicles, and coking coal, essential for steel production
