18 Apr 2026
India and Australia sign critical minerals agreement
UPSC
Banking
International Relations
Economy
Summary
India and Australia signed a bilateral MoU on critical minerals cooperation covering lithium, cobalt, nickel and rare earth elements. The agreement supports India's transition to electric vehicles and clean energy.
Why it matters
UPSC International Relations + GS-3. Connect to India's critical minerals list (30 elements identified by Ministry of Mines), Quad supply chain initiatives.