India, Feb. 20 -- Amid increasing EV adoption in the country, India has signed a memorandum of understanding (MoU) with Argentina to deepen collaboration in lithium exploration and mining.

The MoU was signed between Mineral Exploration and Consultancy Limited (MECL), which comes under the mines ministry, and the provincial government of Argentina's Catamarca.

".Key MoU was signed between MECL & the Govt. of Catamarca to enhance India's access to lithium, a crucial mineral for EVs & renewable energy. Discussions also covered ongoing projects of KABIL's & Greenko, future lithium ventures & offtake arrangements," the mines ministry said in a post on X.

Lithium is a critical mineral used for manufacturing lithium-ion batteries, which find ...