Recently the Government of India entered into an agreement for a lithi

Recently the Government of India entered into an agreement for a lithium exploration and mining project with which one among the following countries?

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Brazil

Australia

Argentina

Chile

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UPSC CDS-1 – 2024

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The Government of India, through Khanij Bidesh India Limited (KABIL), signed an agreement for lithium exploration and mining with Argentina.

India’s state-owned KABIL signed an exploration and mining agreement with Catamarca Minera y Energética Sociedad del Estado (CAMYEN), a state-owned mining company of Catamarca province in Argentina. This marked India’s first lithium exploration and mining project abroad.

Lithium is a critical mineral for India’s clean energy transition goals, particularly for the production of batteries used in electric vehicles and energy storage systems. Argentina is part of the ‘Lithium Triangle’ (along with Chile and Bolivia), which holds a significant portion of the world’s lithium reserves.

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