Lithium from Australia..? Electric Vehicle production at Top level!
It is noteworthy that the demand for electric vehicles is increasing in many countries, including india, and the production of electric vehicles is also increasing. In this situation, it has been reported that an agreement has been signed to import the mineral lithium from australia to India. It is noteworthy that Coal and Mines minister Pralhad Joshi has held talks with the Australian Minister.
As the demand for electric vehicles in india is increasing, the central government is exploring many places to meet the demand for important minerals primarily used in battery production. australia, the world's largest lithium exporter, is expected to meet India's substantial lithium demand due to an increased global focus on clean energy technology, including electric vehicles.
Coal and Mines minister Pralhad Joshi met Australian minister Madeleine king and discussed the matter. Speaking after the meeting, minister Joshi said that they recently signed an MoU between Khanij Bidesh india Limited and Australia's Critical Minerals Facility office (CMFO). This agreement has ensured the supply of minerals.With this deal, australia and india have become important trading partners for minerals.
And the two countries shared a commitment to increase the use of renewable energy. australia will help meet India's demand for critical minerals that will power its aerospace and defense industries, as well as the production of solar panels, batteries, and electric vehicles.Australia has important minerals such as lithium and cobalt, which are important for batteries and energy technologies such as electric vehicles, mobile phones, and computers.
Calling india and australia natural mineral exchange partners, Joshi said that india is one of the fastest-growing countries in the world and there is huge scope for cooperation in the mineral sector.
By sharing technology transfer, knowledge-sharing, and investment in important minerals like lithium and cobalt, india and The future of both australia is promising.