BRICS pushes for resilient critical mineral supply chains, greater value addition

Source: Moneycontrol | Original Published At: 2026-09-12 12:31:10 UTC

Key Points

• BRICS leaders affirmed the need for reliable, responsible, diversified, resilient, fair, sustainable and just supply chains for critical minerals.
• The New Delhi Declaration emphasized benefit sharing, value addition and economic diversification in resource-rich countries.
• BRICS stressed that critical minerals supply chain efforts must preserve sovereign rights over mineral resources and legitimate public policy objectives.
• The grouping recognized the role of critical minerals in zero and low-emission energy technologies, energy security and resilient energy supply chains.
• BRICS called for a balanced and diversified energy mix including renewable energy, nuclear power, hydropower, hydrogen, low-carbon and energy-storage technologies.
• BRICS sought broader and more equitable participation of developing countries and emerging markets in higher-value-added segments of global manufacturing through trade, investment, technical cooperation, productive capacity and technology transfer.
• The BRICS Global Value Chains Action Plan for 2026-2030 is expected to address challenges faced by emerging markets and developing countries in moving up the value chain.