Australia has taken another step towards becoming a major supplier of critical minerals to India with the release of Austrade’s report, Unlocking Australia-India Critical Minerals Partnership Potential.
The report outlines ways Australian companies can partner with India to supply critical minerals, attract investment for Australian mining and mineral processing projects, and export services and technology to process, refine, recover and recycle critical minerals.
It also indicates Australia’s intention to assist India in its own mineral exploration, while supporting India’s mining-related environmental management.
The Federal Government is looking to advance Australia as a world leader in critical minerals exploration, extraction and production. Something Minister for Trade, Tourism and Investment Dan Tehan believes complements India’s “ambitious industrial development agenda.”
“Critical minerals are essential inputs for industries such as electric mobility, energy storage systems, electronics, aerospace and defence,” Tehan said.
Tehan believes Australia’s developed mining infrastructure is a natural asset for India’s growing critical minerals demand.