New Delhi, May 4 -- The Asian Development Bank (ADB) over the weekend launched a new financing facility aimed at strengthening critical minerals supply chains across Asia and the Pacific.
The initiative is designed to support sectors such as clean energy, batteries, electric vehicles, and digital technologies.
Speaking at the ADB 59th Annual Meeting, ADB President Masato Kanda, Critical minerals will shape the next industrial era. Asia and the Pacific should be more than a source of raw materials. The region should also capture the jobs, technology, and value these minerals provide.
This facility is about urgency and fairness: building responsible supply chains now, so our developing member countries can compete in advanced manufactu...