Indian Prime Minister Narendra Modi said there is a risk of a 'new model of colonialism' if nations with critical minerals do not regard custodianship as a 'global responsibility', as firms race to secure resources central to energy transition goals.
India's Prime Minister Narendra Modi speaks during a joint press conference with Greek Prime Minister Kyriakos Mitsotakis at the Maximos Mansion in Athens, Greece, August 25, 2023.
"The ones who have them, if they don't see that as a global responsibility, then this will promote a new model of colonialism. This is my warning," Modi said.
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