TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Pakistani Jasmeen Manzoor Shares Photos of Brutal Assault

    Pakistani Anchor Jasmeen Manzoor Shares Graphic Photos After Ex-Husband Beats Her Brutally

    No Pardon for Murder: Yemeni Victim’s Family Rejects Clemency for Kerala Nurse

    Yemeni Victim’s Family Rejects Clemency for Kerala Nurse Nimisha Priya

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Aruna Upadhyay Resigns from AIMIM Amid Claims of Religious Conversions

    AIMIM’s Only Hindu Councillor in MP Quits After Conversion Allegations

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India-U.S. Set to Strike Javelin Deal

    India Seeks Javelin Missile Co-Production Deal with U.S. Under ‘Make in India’ Push

    India Set to Test ET-LDHCM: Hypersonic Missile

    India Tests Hypersonic Missile Aimed at Covering All of Pakistan and Key Chinese Military Zones

    India Conducts Successful Trial of Astra Missile

    India Conducts Successful Trial of Astra Missile BVRAAM Featuring Indigenous RF Seeker

    India Must Stay Vigilant as Turkey-Pakistan Axis Grows

    Pakistan and Turkey Deepen Anti-India Axis Through Defence, Radicalization Nexus

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus

    US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus: A Global Hybrid Threat Emerges

    Pakistan Taliban’s Network in Bangladesh Busted

    Pakistan Taliban’s Terror Web Reaches Bangladesh: Two Arrested Over TTP Links

    Iran Travel Warning: Indian Nationals Asked to Reconsider Plans

    India Embassy Urges Caution: Avoid Non-Essential Travel to Iran Now

    Non-veg milk a red line in India-US trade talks. Here's why

    No Dairy Deal with US if Cows Are Fed Meat: India Stands Firm

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    resh Nipah Death in Kerala’s Palakkad Raises Statewide Alarm

    Nipah Scare Returns to Kerala: Second Death Leads to High Alert in Six Districts

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    5 Places in India to Deepen Your Yoga Journey

    Discover Inner Peace: 5 Places in India to Deepen Your Yoga Journey

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Pakistani Jasmeen Manzoor Shares Photos of Brutal Assault

    Pakistani Anchor Jasmeen Manzoor Shares Graphic Photos After Ex-Husband Beats Her Brutally

    No Pardon for Murder: Yemeni Victim’s Family Rejects Clemency for Kerala Nurse

    Yemeni Victim’s Family Rejects Clemency for Kerala Nurse Nimisha Priya

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Aruna Upadhyay Resigns from AIMIM Amid Claims of Religious Conversions

    AIMIM’s Only Hindu Councillor in MP Quits After Conversion Allegations

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India-U.S. Set to Strike Javelin Deal

    India Seeks Javelin Missile Co-Production Deal with U.S. Under ‘Make in India’ Push

    India Set to Test ET-LDHCM: Hypersonic Missile

    India Tests Hypersonic Missile Aimed at Covering All of Pakistan and Key Chinese Military Zones

    India Conducts Successful Trial of Astra Missile

    India Conducts Successful Trial of Astra Missile BVRAAM Featuring Indigenous RF Seeker

    India Must Stay Vigilant as Turkey-Pakistan Axis Grows

    Pakistan and Turkey Deepen Anti-India Axis Through Defence, Radicalization Nexus

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus

    US-DEA Uncovers Canada–Pakistan–China Narco-Terror Nexus: A Global Hybrid Threat Emerges

    Pakistan Taliban’s Network in Bangladesh Busted

    Pakistan Taliban’s Terror Web Reaches Bangladesh: Two Arrested Over TTP Links

    Iran Travel Warning: Indian Nationals Asked to Reconsider Plans

    India Embassy Urges Caution: Avoid Non-Essential Travel to Iran Now

    Non-veg milk a red line in India-US trade talks. Here's why

    No Dairy Deal with US if Cows Are Fed Meat: India Stands Firm

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    resh Nipah Death in Kerala’s Palakkad Raises Statewide Alarm

    Nipah Scare Returns to Kerala: Second Death Leads to High Alert in Six Districts

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    5 Places in India to Deepen Your Yoga Journey

    Discover Inner Peace: 5 Places in India to Deepen Your Yoga Journey

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • 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

AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress
Economy

AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

16 July 2025

In a world increasingly shaped by intelligent machines, July 16 has taken on a special significance. Marked as Artificial...

India Achieves 50% Non-Fossil Fuel Power Capacity
Economy

India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

15 July 2025

In a major milestone for sustainable energy and climate action, India has achieved 50% of its total installed electricity...

Advantages of Using an EMI Calculator Before Applying for a Personal Loan
Finance

Advantages of Using an EMI Calculator Before Applying for a Personal Loan

14 July 2025

Thinking about applying for a personal loan? Before you hit that ‘Apply Now’ button, it’s wise to know what...

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

Congress’s Rohith Vemula Bill: Caste Polarization Masquerading as Reform

Congress’s Rohith Vemula Bill: Caste Polarization Masquerading as Reform

00:07:33

Bhima Koregaon Won’t Be Repeated; Maharashtra’s Special Act to Wipe Out Urban Naxals.

00:06:06

Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

00:07:47

How UPI went global? Why Namibia Adopted It?

00:07:20

Stalin’s DMK Faces Heat Over Brutal Custodial Killings in Tamil Nadu

00:08:06
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©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