Australia set to power India’s clean energy transition/a new technology in energy sector
Australia and India have long maintained a friendly rivalry on the cricket pitch. But now both countries have begun playing on an altogether different pitch — below the Earth's surface and the seabed — in their respective bids to scour for the critical minerals needed in the world's transition to clean sources of energy. As recently as July 1, the two countries signed an interim free trade agreement — to be given shape as a comprehensive pact at a subsequent date — aimed at deepening cooperation in critical minerals and their processing. While India seeks to tap into Australia's huge lithium and cobalt deposits, Australian government officials are prepared to go the extra mile to make their friend's access to critical minerals easier. Indeed, the Australian government has promised to "facilitate" Indian companies' access to resources, partnerships and investments. Critical minerals form the bedrock of this India-Australia bonhomie, especially when the la...