Union Minister Pralhad Joshi on 6-day tour of Australia, to focus on opportunities for joint investment in critical minerals

Union Coal and Mines Minister Pralhad Joshi began his six-day tour of Australia on Sunday as India seeks to strengthen partnerships with Canberra in strategic critical minerals that are important in the transition towards clean energy sources and electric mobility.

During his six-day tour, Joshi will meet with several Australian ministers and officials, as well as industry bodies, the mines ministry said in a statement on Sunday.

The visit is significant as it is Joshi’s first meeting with the Minister for Resources and North Australia, Madeleine King, since the election of Anthony Albanese’s government, the department said. During the visit, the focus would be on opportunities for joint investment in lithium and cobalt projects.

“India is on the verge of realizing its ambition to develop safe, robust and commercially viable strategic critical minerals as part of its broader mission to transition to clean energy sources, with … Pralhad Joshi visiting Australia,” the Department of Mines said in a statement. India is committed to accelerating its march towards realizing its clean energy ambitions in a sustainable manner as India-Australia relations see an upward trajectory.

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Joshi will also visit the mineral-rich sites of Tianqi Lithium Kwinana and Greenbushes Mine. During his visit, Joshi will aim to build on the Memorandum of Understanding signed between Khanij Bidesh India Ltd (KABIL), a joint venture of three CPSEs under the Ministry of Mines, and the Critical Minerals Facilitation Office (CMFO) ,

The Australian Government, which aims to strengthen bilateral trade relations and paves the way for a shared ambition to develop secure, robust and commercially viable critical mineral supply chains. The India-Australia Critical Minerals Investment Partnership envisions joint investment in viable lithium and cobalt projects in Australia, which is essential for India’s transition to clean energy ambitions.

The milestones will complement India’s mineral security for electric mobility initiatives and other diversified sectors involving the use of critical and strategic minerals. In addition to highlighting ground-breaking reforms in the mining and minerals sector, Joshi will also be a

First post: STI

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