Explore why the US launches ‘Pax Silica’ a strategic critical tech & minerals coalition. Discover its implications and future impacts and what is India's position in this regard.

The Simandou project (Guinea, West Africa), one of the largest untapped iron ore reserves in the world, has the potential to alter the balance of power in the iron ore market, which has been dominated by a few key players for decades. The introduction of Simandou's ore into the market could create ripple effects in the steel production costs, thereby influencing pricing strategies and potentially making steel more accessible to emerging markets.