Australia and India have marked a significant milestone in advancing investment in critical minerals projects. Ministers from both countries have engaged in bilateral talks, announcing the commitment of the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA): Critical Minerals to deepen cooperation and extend existing commitments.
These investments aim to establish new supply chains supported by minerals processed in Australia. This in turn, will contribute to India’s efforts to reduce emissions from its electricity network and position itself as a global manufacturing hub, particularly for electric vehicles.
Australia is the world’s leading producer of lithium and the second-largest producer of cobalt. It is therefore well-positioned to contribute to the increasing global demand for low-emission technologies. Australia and India have a natural partnership of shared mutual strategic and economic priorities.
Australia is world-leading mining country providing potential investors and buyers a stable business environment. It also offers benefits that include:
– transparent regulatory frameworks;
– a government committed to supporting critical minerals projects;
– a secure supply of resources with an unrivalled critical minerals endowment;
– a highly skilled workforce;
– world-class innovation and research; and
– research and a world-leading approach to environmental social governance.
For India, Australia is an obvious partner of choice.
Critical Minerals National Industry Group Conveners
A Response to Questions Raised in the Critical Minerals Strategy 2023 Discussion Paper
On 25th January 2023, a workshop was convened by the Critical Minerals Consortium (Monash University), MinterEllison and the Australia India Chamber of Commerce. The purpose of the workshop was to formulate a response to the federal government’s request for input into its Critical Minerals Strategy. In attendance, were over 60 representatives of industry, government, and research. The workshop considered four of the questions posed in the federal government’s Critical Minerals Strategy discussion paper, and the results of the discussions have been captured in the form of key focus areas and insights. This report summarizes the outcomes for each question considered in the workshop.
Prepared by Monash University | MinterEllison | Australia India Chamber of Commerce
View The Full Paper HereSupply Chains for Critical Minerals – Workshop Series Report
Critical minerals are in demand as countries transition to renewables. But with only one supply chain, the future supply of critical minerals could be at risk. Findings from a recent workshop series shed light on what the regional solution may look like.
Report by David Morfesi & Simon Scott
View The Full Report Here
Associate Professor Mohan Yellishetty is an Australian Endeavour Fellow and Chartered Mining Engineer with an established teaching and research profile in the field of mining and environmental engineering. He possesses more than two decades of promising research and altruistic academic career in Australia, USA and India, which enabled him to develop a broad skills base in all aspects of the mining cycle. He has been involved with mining education for nearly over two decades and has conducted a fair amount of research in this discipline. His research and academic work experience at Monash University and CSIRO, Australia, Yale University, USA and IIT Bombay, India have provided him with the opportunity to undertake high quality research work and to contribute significantly to mining engineering discipline and publish widely in reputed high impact journals.
Mohan Yellishetty