India has signed the ‘historic’ settlement for lithium exploration and mining undertaking in Argentina, that offers additional fillip to the nation’s efforts for sourcing lithium.
India’s state-owned agency Khanij Bidesh India Ltd (KABIL) signed a 2 billion-rupee ($24 million) lithium exploration pact for 5 blocks in Argentina. Talking on the event, Pralhad Joshi mentioned that “This can be a historic day for each India and Argentina as we’re scripting a brand new chapter in bilateral ties with the Settlement signing between KABIL and CAMYEN – a step which is not going to solely play an important position in driving the power transition for sustainable future, but additionally guarantee a resilient and diversified provide chain for important and strategic minerals important for numerous industries in India.”.