The Prime Minister of India, Narendra Modi, and the President of Brazil, Luiz Inácio Lula da Silva, formalised an investment and technical collaboration agreement focused on the exploration of strategic minerals. This pact aims to ensure the supply of resources such as rare earths, lithium, and niobium. «The increase in investment in collaboration on renewable energies and minerals is essential for the agreement we have signed today. Our countries are ensuring the role that these technologies deserve in the global agenda on climate and energy,» emphasised the President of Brazil in the official statement following his meeting with Modi in New Delhi.