Highlights
- PM Modi held bilateral talks on critical minerals and rare earths with Malaysia, Ethiopia, and Vietnam at the BRICS Summit
- REEx frames these moves as part of Great Powers Era 2.0, where middle powers gain leverage amid U.S.-China competition
- Vietnam and Malaysia are positioned to climb from raw resource suppliers toward midstream processing and finished products
- No concrete mining, offtake, or investment commitments were announced, signaling strategy over immediate supply impact
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