India-Argentina forge agreement for Lithium exploration & mining

India and Argentina have signed an agreement for expanding mining sector cooperation in lithium exploration and investment opportunities. A Memorandum of Understanding (MoU) between Mineral Exploration and Consultancy Limited (MECL), a PSU under the Ministry of Mines, and the Provincial Government of Catamarca, Argentina was signed Wednesday.

This will pave the way for deeper collaboration in exploration and resource development of critical minerals, an official statement said.

“This collaboration is expected to accelerate lithium exploration projects, enhance resource security, and create new opportunities for Indian companies in the Latin American mining landscape,” the statement added.


The two nations also deliberated upon ongoing lithium exploration efforts by Khanij Bidesh India Ltd. (KABIL) & Greenko in Catamarca and the possibilities of increasing participation of Indian companies in mining projects of Argentina.

“Both sides explored avenues for investment, long-term supply agreements, and joint ventures that would help strengthen India's access to this critical mineral,” the statement said while adding there was a strong emphasis on knowledge exchange and infrastructure support to enhance India's engagement in Argentina’s mining sector.

Discussions on policy frameworks, regulatory aspects, and sustainable mining practices to ensure a mutually beneficial partnership were also held.