WA mining billionaire Gina Rinehart has held talks with Indian Prime Minister Narenda Modi during his Australian visit, days after it was revealed her company is looking at a lithium partnership with India’s biggest iron ore miner.
Mrs Rinehart said the discussions were “exciting” and the trade potential between the two countries was “huge”.
‘”It was a very interesting and exciting meeting with PM Modi, who I have met with several times in the past, in both Australia and New Delhi,” she said.
“The growth recently has been huge, the growth in the future is going to be huge.
Australia really needs to work harder to develop its relations with India.” Indian Government owned NMDC has recently turned its attention to lithium and other critical minerals, seeking to upscale India in the mining and processing of battery metals to meet the uptake of EVs.
It is believed the Hancock led joint venture could formalise a lithium pact with NMDC by the end of June.