India and Argentina Strengthen Cooperation in Lithium Exploration and Mining with a MoU

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India and Argentina signed Memorandum of Understanding (MoU) which will pave the way for deeper collaboration in exploration and resource development of critical minerals.

It was signed between Mineral Exploration and Consultancy Limited (MECL), a PSU under the Ministry of Mines, and the Provincial Government of Catamarca, Argentina.

Argentina, known for its vast lithium reserves as part of the 'Lithium Triangle,' is a crucial partner for India in securing essential minerals required for electric vehicle batteries and renewable energy storage.

The Lithium Triangle (Spanish: Triángulo del Litio) is a region of the Andes that is rich in lithium reserves, encompassed by the borders of Argentina, Bolivia, and Chile. The lithium in the triangle is concentrated in various salt pans that exist along the Atacama Desert and neighboring arid areas. The largest areas three main salt pans that define its vertices are the Salar de Uyuni in Bolivia, Salar de Atacama in Chile, and Salar del Hombre Muerto in Argentina. Of these, the core of Salar de Atacama in Chile has the highest concentration of lithium (0.15% by weight) among all world's brine sources.

  1. PIB,
  2. Wikipedia

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