The new Australian government is looking to expand its trade ties with India in areas other than from thermal coal, where it is confident that the demand will remain robust.
The country is looking to export lithium for electric vehicles, rare earth for high-tech renewable component, and high-quality coal, said Matthew Canavan, the Australian minister for natural resources.
“India and Australia have a strong relationship on the coal side. There could be more direct investments in other directions such as minerals and agri products,” Canavan said in a media roundtable during his visit to New Delhi.
