The Critical Minerals Facilitation Office is taking the lead on a new memorandum of understanding (MoU) with India on critical minerals.
Under the MoU, both countries will explore opportunities to increase trade, investment and R&D in critical minerals.
The MoU identifies specific areas where Australia and India will work together to meet the demand for critical minerals for the future economy. This will include:
As the Australian Government’s central coordination point to help grow Australia’s critical minerals sector, the Office will partner with Indian counterparts to progress work under the agreement.
The announcement was a key outcome of the virtual meeting between Prime Minister Scott Morrison and Indian Prime Minister Narendra Modi. The meeting elevated the relationship between the two nations to a Comprehensive Strategic Partnership.