Working towards investment in critical mineral projects, including lithium, to develop supply chains between the two countries, India and Australia held bilateral talks on Friday.
The Union Minister for Coal, Mines and Parliamentary Affairs, Pralhad Joshi, and Minister for Resources and Northern Australia, Madeleine King, announced the partnership and have identified five target projects (two lithium and three cobalt) on which to undertake detailed due diligence.
Ministers from the two countries have also agreed to deepen cooperation and extend their existing commitments to the India-Australia Critical Minerals Investment Partnership.