TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Congress leader Rahul Gandhi

    Rahul Gandhi’s Maharashtra Rigging Claim: Fresh Allegations, Familiar Distrust of Institutions

    India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

    India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

    Union Minister Jyotiraditya Scindia

    PM Modi’s ‘Panch Pran’ Inspired by Shivaji Maharaj’s Vision of Hindavi Swaraj: Jyotiraditya Scindia

    Pakistan's Attempt to Incite Riots in India Thwarted: PM Modi

    Pakistan’s Attempt to Incite Riots in India Thwarted: PM Modi’s Strong Message from Jammu and Kashmir

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Crisil Forecasts Another Rate Cut in FY26, Pegs India’s GDP Growth at 6.5%

    Crisil Forecasts Another Rate Cut in FY26, Pegs India’s GDP Growth at 6.5%

    India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

    India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

    Reserve Bank of India Governor Sanjay Malhotra addresses the post-Monetary Policy press conference in Mumbai.

    RBI Slashes Repo Rate by 50 Basis Points to Boost Growth; Middle Class May Receive Loan Relief

    Dassault and Tata to Begin Rafale Fuselage Production in India

    Dassault and Tata to Begin Rafale Fuselage Production in India, Marking Major Milestone in Defence Manufacturing

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Dassault and Tata to Begin Rafale Fuselage Production in India

    Dassault and Tata to Begin Rafale Fuselage Production in India, Marking Major Milestone in Defence Manufacturing

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    New Delhi: Indian Army Brahmos Missile System during a rehearsal for Republic Day Parade, in New Delhi on Friday, January 20, 2023. (Photo: Anupam Gautam/IANS)

    India’s Defence Manufacturing Set to Reach ₹8.8 Lakh Crore by 2047: CII-KPMG Report

    Top Naxal Leader Hidma Nabbed in Odisha in Coordinated Security Sweep

    Top Naxal Leader Hidma Nabbed in Odisha in Coordinated Security Sweep

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    PM Modi’s G7 Canada Invitation: What It Signifies

    PM Modi’s G7 Canada Invitation: What It Signifies — And How the Congress Spoke Too Soon

    Pakistan’s Imminent Threat to Gulf Monarchies

    Pakistan’s Imminent Threat to Gulf Monarchies

    Gaza Aid Group Denies Hamas Claims of Israeli Attack at Rafah Distribution Center

    Gaza Aid Group Denies Hamas Claims of Israeli Attack at Rafah Distribution Center

    Colombia Withdraws Statement Condoling Terrorists Killed in 'Operation Sindoor'

    Colombia Withdraws Statement Condoling Terrorists Killed in ‘Operation Sindoor’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Ram Mandir Pran Pratishtha 2.0

    Thousands Gather in Ayodhya for Ram Darbar Pran Pratishtha Ceremony

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    In December 2024, D. Gukesh Dommaraju, then just 18, became the youngest undisputed World Chess Champion

    The Gukesh Effect: How a Teen Grandmaster Is Reshaping Indian Chess and Reclaiming Its Ancient Legacy

    Critical Dimensions for Evaluating Procurement Software Providers

    Critical Dimensions for Evaluating Procurement Software Providers

    The Economic Impact of iGaming on Creating New Jobs and innovations

    The Economic Impact of iGaming on Creating New Jobs and innovations

    AI Personalization Transforming Player Experiences

    AI Personalization Transforming Player Experiences

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Congress leader Rahul Gandhi

    Rahul Gandhi’s Maharashtra Rigging Claim: Fresh Allegations, Familiar Distrust of Institutions

    India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

    India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

    Union Minister Jyotiraditya Scindia

    PM Modi’s ‘Panch Pran’ Inspired by Shivaji Maharaj’s Vision of Hindavi Swaraj: Jyotiraditya Scindia

    Pakistan's Attempt to Incite Riots in India Thwarted: PM Modi

    Pakistan’s Attempt to Incite Riots in India Thwarted: PM Modi’s Strong Message from Jammu and Kashmir

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Crisil Forecasts Another Rate Cut in FY26, Pegs India’s GDP Growth at 6.5%

    Crisil Forecasts Another Rate Cut in FY26, Pegs India’s GDP Growth at 6.5%

    India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

    India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

    Reserve Bank of India Governor Sanjay Malhotra addresses the post-Monetary Policy press conference in Mumbai.

    RBI Slashes Repo Rate by 50 Basis Points to Boost Growth; Middle Class May Receive Loan Relief

    Dassault and Tata to Begin Rafale Fuselage Production in India

    Dassault and Tata to Begin Rafale Fuselage Production in India, Marking Major Milestone in Defence Manufacturing

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Dassault and Tata to Begin Rafale Fuselage Production in India

    Dassault and Tata to Begin Rafale Fuselage Production in India, Marking Major Milestone in Defence Manufacturing

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    New Delhi: Indian Army Brahmos Missile System during a rehearsal for Republic Day Parade, in New Delhi on Friday, January 20, 2023. (Photo: Anupam Gautam/IANS)

    India’s Defence Manufacturing Set to Reach ₹8.8 Lakh Crore by 2047: CII-KPMG Report

    Top Naxal Leader Hidma Nabbed in Odisha in Coordinated Security Sweep

    Top Naxal Leader Hidma Nabbed in Odisha in Coordinated Security Sweep

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    PM Modi’s G7 Canada Invitation: What It Signifies

    PM Modi’s G7 Canada Invitation: What It Signifies — And How the Congress Spoke Too Soon

    Pakistan’s Imminent Threat to Gulf Monarchies

    Pakistan’s Imminent Threat to Gulf Monarchies

    Gaza Aid Group Denies Hamas Claims of Israeli Attack at Rafah Distribution Center

    Gaza Aid Group Denies Hamas Claims of Israeli Attack at Rafah Distribution Center

    Colombia Withdraws Statement Condoling Terrorists Killed in 'Operation Sindoor'

    Colombia Withdraws Statement Condoling Terrorists Killed in ‘Operation Sindoor’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Ram Mandir Pran Pratishtha 2.0

    Thousands Gather in Ayodhya for Ram Darbar Pran Pratishtha Ceremony

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    In December 2024, D. Gukesh Dommaraju, then just 18, became the youngest undisputed World Chess Champion

    The Gukesh Effect: How a Teen Grandmaster Is Reshaping Indian Chess and Reclaiming Its Ancient Legacy

    Critical Dimensions for Evaluating Procurement Software Providers

    Critical Dimensions for Evaluating Procurement Software Providers

    The Economic Impact of iGaming on Creating New Jobs and innovations

    The Economic Impact of iGaming on Creating New Jobs and innovations

    AI Personalization Transforming Player Experiences

    AI Personalization Transforming Player Experiences

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

India gets exclusive access to Australia’s lithium mines

India has set an ambitious target of reaching net zero emissions by 2070.

Paurush Gupta by Paurush Gupta
6 April 2023
in Economy
Australia lithium mines
Share on FacebookShare on X

India Australia lithium mines: The Gavaskar Border Trophy is not the only source that creates strong emotions in both India and Australia. In fact, both democracies are aligning their foreign policies and assisting each other’s development in one way or another. In addition to the quadrilateral security dialogue, that is, both of them are now pooling their resources to counter China in the area of critical minerals, particularly lithium extraction and mining.

India will tap lithium directly from Australian mines

India has set an ambitious target of reaching net zero emissions by 2070. For that, the Modi government has been giving faster impetus to renewable energy and even exploring for mines in foreign countries. It has gained another success as it is very well on the verge of tapping critical minerals, including lithium and cobalt, from five mines in Australia.

RelatedPosts

Indian-Origin Man in Coma After Forceful Arrest in Australia: Family Seeks Justice

BGT Needs To Stand The Test Of Time Against The Ashes Tradition

Australia steps closer to ban social media for children, what lessons can India learn

Load More

Recently, the Minister for Resources and Northern Australia, Ms. Madeleine King, revealed that under the India-Australia Critical Minerals Investment Partnership, India had identified two lithium mines and three cobalt mines.

India is considering processing these minerals in Australia rather than exporting them back to the country. The reason for this decision is the high expense incurred and difficulties with waste disposal within India. However, reports add that a definite plan has not been reached at this moment in time.

Also Read: India’s Lithium Expedition: Liberating India from Dependence

Ms. Madeleine said, “Processing of critical minerals in India would be difficult as it would be expensive, and a bigger challenge would be to dispose of the waste.” Let me tell you why this partnership is significant for both nations.

Notably, Australia is sitting on huge critical mineral resources. The Australians are a major producer of these minerals. It has the world’s second-largest cobalt and fourth-largest deposits of rare earths. But why then are they seeking India’s assistance and wanting India’s expertise in this sector? Despite the abundant resources in Australia, the Australian government finds it hard to use these critical minerals in battery manufacturing within the nation.

Highlighting this fact, Minister Madeleine stated that Australia does not have a car manufacturing unit. She also added that the Indian companies had sent an expression of interest that would allow them to take the offtake. Now, before moving further, let us understand what is offtake.

An offtake agreement is a contract that the buyer, also known as the offtaker, and the seller make to exchange products before they are produced. It is often employed for large-scale natural resource development projects like mining, oil, and gas production.

India-Australia partnership for minerals

The India-Australia Critical Minerals Investment Partnership was signed earlier between Union Minister Pralhad Joshi and Australian Minister Madeleine King. The agreement was signed earlier this year during an Indian Minister’s visit to Australia.

Back then, Parliamentary Affairs, Coal, and Mines Minister Pralhad Joshi also visited Western Australia last year. He also visited Tianqi Lithium Energy’s Kwinana Lithium Hydroxide Refinery. Reports also highlight one crucial meeting at an industrial conference in Australia. The meeting took place between the officials of Ola Electric Mobility Pvt. Ltd. (OEM) and Raj Surendran, who is the Chief Executive Officer (CEO) of Tianqi Lithium Energy Australia.

Earlier, the OEM signed a memorandum of understanding (MoU) with the Tamil Nadu government for a cell manufacturing plant in Krishnagiri.

Mr. Surendran said, “There is potential for up to four trains at the Kwinana refinery, each with a production capacity of 24,000 metric tonnes of lithium hydroxide per year. These will be produced using spodumene mined and concentrated in Western Australia. With all four trains in operation, the plant will contribute eight to 10 percent of global lithium supply.” He added that the plant will contribute to almost 8 to 10 percent of global supplies of lithium.

Australia has been seeking better access to India’s agricultural markets. In exchange, the Australian government has hinted at giving India greater access to invest in mining and extract critical minerals that are used in battery manufacturing. Further, the Australian government is also considering India’s requests for a more favourable visa policy.

As per the Economic Cooperation and Trade Agreement (ECTA) between India and Australia, tariffs have already been significantly reduced by both nations in January this year. This has resulted in the entry of nearly 2.5 billion Australian dollars’ worth of Australian goods at lower tariffs.

Also Read: India makes an aggressive push for mining lithium and cobalt abroad

Lithium demand soars worldwide

The sharp increase in demand and the forecast of shortages of critical minerals have caused a rise in the prices of every primary metal that is used to produce batteries. On that line, this tweak in demand and the shortage forecast have also increased the forecast price for lithium-ion battery packs.

As per available data, the prices of lithium, nickel, and cobalt have increased by 499%, 117%, and 56%, respectively, between December 2021 and December 2022. It is worth nothing that battery pack material costs somewhere around 50% to 70% of the total battery pack prices. And critical minerals are a key contributor to these battery packs.

In the recent past, the Indian government has been striking the right chords, be it the discovery of lithium reserves within India or outside in nations like Argentina or the recent one in Australia. It is to be noted that lithium has its own drawback. In addition to ticking all the necessary boxes and not letting China dominate the lithium-ion battery and EV sectors, India is on the right path to finding alternate renewable energy sources, with hydrogen fuel cells being the premium among them.

Support TFI:

Support us to strengthen the ‘Right’ ideology of cultural nationalism by purchasing the best quality garments from TFI-STORE.COM

Also Watch:

Tags: australiaAustralia's MineralsAustralian minesCobalt MinesIndia-Australia Critical Minerals Investment PartnershipLithiumLithium reservesMinister for Resources and Northern AustraliaMs. Madeleine KingUnion Minister Pralhad Joshi
ShareTweetSend
Previous Post

Let us look at India’s defence shopping cart. It looks fantastic

Next Post

KK Menon matches every single feature of Sherlock Holmes as described by Arthur Conan Doyle

Related Posts

Crisil Forecasts Another Rate Cut in FY26, Pegs India’s GDP Growth at 6.5%
Economy

Crisil Forecasts Another Rate Cut in FY26, Pegs India’s GDP Growth at 6.5%

7 June 2025

The Reserve Bank of India (RBI) is expected to cut the repo rate one more time during the ongoing...

India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank
Economy

India Lifts 269 Million Out of Extreme Poverty in 11 Years: World Bank

7 June 2025

India has witnessed a historic reduction in extreme poverty over the past decade, with 269 million people rising above...

Reserve Bank of India Governor Sanjay Malhotra addresses the post-Monetary Policy press conference in Mumbai.
Economy

RBI Slashes Repo Rate by 50 Basis Points to Boost Growth; Middle Class May Receive Loan Relief

6 June 2025

In a significant policy move aimed at revitalizing economic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra announced...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Pakistan needs money from IMF to feed their people

Pakistan needs money from IMF to feed their people

00:15:20

Vacate PoK and more: Steps Pakistan needs to take to avoid Indian military action

00:06:36

Taking The Wire’s Propaganda Piece on VP to the Cleaners – Feat. Prof. Kapil Kumar

00:09:19

Rahul Gandhi Undermines India’s Electoral Integrity as Trump Applauds It

00:07:09

Why Pakistan army chief reminds two nation theory| what is the plan| Waqf Bill |Asim Munir| Jinnah

00:13:02
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited