Australia and India have enhanced cooperation in developing critical minerals projects and supply chains amid the shift to cleaner energy sources.
During a meeting between Australia's Resources Minister Madeleine King and her Indian counterpart, the Honourable Minister for Parliamentary Affairs, Coal and Mines, Shri Pralhad Joshi, Australia confirmed its commitment of $5.8 million to the three-year India-Australia Critical Minerals Investment Partnership.
Australia has rich reserves of critical minerals used in clean energy technologies. Minister Joshi said there is huge scope for collaboration in the mineral sector.
"Technology transfer, knowledge-sharing and investment in critical minerals like lithium and cobalt are strategic to achieving clean energy ambitions. The future looks promising for India and Australia.”
During his tour of Australia, Minister Joshi visited the Australian Resources Research Centre in Perth, Western Australia. He met with key experts from the CSIRO – one of the largest minerals research and development groups in the world.
CSIRO was recently awarded Australian Government funding to establish the India-Australia Critical Minerals Research Partnership. The national science agency will work closely with the Government of India to deliver the partnership.
Banner image: Minister Joshi during his tour of the Australian Resources Research Centre. Source: Twitter