Brazil and India Sign Critical Minerals Agreement

Feb 21, 2026

63 min

Feb 21, 2026 11:30

Brazil, India ink critical minerals deal as leaders meet

## Strengthening Ties Through Minerals

India and Brazil have signed an agreement to enhance cooperation on critical minerals and rare earths. This deal was announced following discussions between India's Prime Minister Narendra Modi and Brazil's President Luiz Inacio Lula da Silva in New Delhi.

## Strategic Importance

Brazil holds the world's second-largest reserves of critical minerals, essential for various technologies like electric vehicles and solar panels. The agreement aims to build resilient supply chains, reducing India's reliance on China, the leading exporter of these materials.

## Broader Cooperation

In addition to the minerals deal, nine other agreements were signed, covering areas such as digital cooperation and health. Brazil is India's largest trade partner in Latin America, with plans to increase bilateral trade beyond $20 billion in the next five years.

## Global Context

India's collaboration with Brazil complements its recent partnerships with the US, France, and the EU, providing access to advanced technologies and diversified resources. This move is part of a broader strategy to secure alternative sources of critical minerals globally.

## Economic Impact

Brazilian exports to India include sugar, crude oil, and iron ore, driven by India's rapid industrial growth. The partnership is expected to boost economic ties and enhance cooperation in sectors like defense.

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