Current Affairs - International - Discussion

India’s recent formalization of its membership in the Minerals Security Finance Network (MSFN), an initiative led by the United States to secure supply chains for critical minerals. This move highlights India’s strategic alignment with global efforts to enhance the stability and security of mineral resources essential for economic and technological development. The MSFN, building on the Minerals Security Partnership (MSP) initiated in 2022, aims to mitigate supply chain risks associated with critical minerals like lithium, cobalt, and rare earths, which are vital for clean energy technologies and digital infrastructure.