India-Australia Boost Collaboration on Critical Minerals and Electric Vehicle Ecosystem

India and Australia are exploring enhanced cooperation in critical minerals, battery production, and electric vehicle manufacturing. Both nations have signed an interim free trade agreement and are negotiating a comprehensive pact. Efforts are underway to integrate economies, boost infrastructure, and encourage investments in the energy transition sector.

Commerce Secretary Sunil Barthwal announced on Monday that India and Australia are intensifying cooperation in critical minerals and battery production. This comes after the two countries signed an interim free trade agreement, with ongoing negotiations towards a comprehensive pact.

Barthwal, speaking at a vehicle electrification conference organized by India Energy Storage Alliance (IESA), emphasized the integration of economies through battery and mineral production. He highlighted that the Indian government has taken substantial steps to promote electric vehicle manufacturing and infrastructure.

Australian High Commissioner Philip Green OAM noted Australia's vast mineral and energy resources could significantly support India's green transition. He advocated for a full free trade agreement to facilitate this collaboration. Both officials underscored the enormous potential for investment and growth in EVs and critical minerals.