India can seek for Brazilian White Gold ‘A Hard Rock Lithium’

Indiais moving toward renewable energy sources like solar and wind power and has set ambitious targets for lowering carbon emissions. A vital component of India’s green energy targets, lithium-ion batteries store and distribute energy from various sources. India wants to lead the global race inEVsales, with a target of 30%electric vehiclessold by 2030. Because lithium is essential to EV batteries, ensuring a steady supply is essential to meeting this objective.

India can look for Brazilian lithium as part of its strategy to secure its lithium supply. In fact, Brazil has emerged as a promising partner for India in this regard, and both countries are actively exploring potential collaborations. Also, Brazil is actively looking for foreign partners in the lithium sector. This may result in advantageous agreements and joint ventures as they become more open to Indian companies and government efforts. Indian companies can partner with Brazilian entities to explore new lithium deposits and develop existing ones in the Lithium Valley. Secure and reliable long-term supply agreements for Brazil’s lithium imports can ensure India’s access to this crucial resource.