Brazil, India seal rare earth deal amid global supply strains

Brazil and India sealed a framework pact on critical minerals with the two countries agreeing to work closely on processing in a move aimed at securing rare earth supplies at a time of global disruption. “The critical minerals agreement will help shape a new and resilient supply chain,” Prime Minister Narendra Modi said after meeting President Luiz Inacio Lula da Silva in New Delhi on Saturday. Lula arrived on Wednesday for three-day visit. Brazil, home to the world’s second-largest reserves of rare earths, offers India a potential alternative source of supply as it seeks to reduce reliance on China and…