Mining Pact
India, Argentina ink memorandum of understanding to boost critical mineral exploration
This story was originally published at 21:05 IST on 19 February 2025
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MUMBAI – State-owned Mineral Exploration and Consultancy Ltd. and the Argentinian Provincial Government of Catamarca have signed a memorandum of understanding for deeper collaboration in the exploration and resource development of critical minerals, the Ministry of Mines said in a release Wednesday.
Mines Minister G. Kishan Reddy held discussions with Catamarca Governor Ral Alejandro Jalil on expanding cooperation in the mining sector, particularly in lithium exploration and investment opportunities, the release said. Jalil is currently on a visit to India.
Argentina, which is known for its vast lithium reserves, is a crucial partner for India in securing essential minerals required for electric vehicle batteries and renewable energy storage, the release said. End
Reported by Ashutosh Pati
Edited by Saji George Titus
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