India and the United States are looking to collaborate on its energy agendas specifically when it comes to critical minerals, says a report in the 'India West Journal'.
“Batteries and critical minerals are two areas where we are looking forward to good collaboration because in order to secure our energy requirements we have to move from absolutely basics, which means the minerals such as lithium which are so critical also need to be tied up for which we have discussions going on at present,” said Tarun Kapoor, advisor to the Prime Minister of India.
Part of a successful transition will also require the necessary capital investments. This is where the US and India corporations working collaboratively can help bridge financial gaps.
“We have good scope of collaboration even further in terms of getting more investments into the country, partnerships between companies in India and US companies particularly considering the technology play which is happening all over the world,” Kapoor added.
It’s no secret that the demand for these minerals is projected to rise. With it, the demand for miners who materially affect the global supply will also increase.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished
