Critical mineral push: India Eyes Lithium and copper from Peru, Chile and Argentina; FTAs pushed in the midst of the unrest on the supply chain – The Times of India

India reinforces the efforts to secure stable stocks of critical minerals from South America, aimed at resources rich in resources such as Peru, Chile and Argentina in the midst of a growing focus on renewable energy sources and green mobility.A high-level delegation of the Indian Ministry of Mines will visit Peru this week to explore opportunities for lithium, copper and rare earthly imports, while the country is preparing for a third round of the negotiations on free trade agreement (FTA) with Chile, according to an ET report. India is also considering a free trade agreement with Peru to expand and secure the trade.Five Indian companies currently have investments in the mining sector of Peru, an estimated $ 61 million in total, according to a factsheet from the Indian embassy. Peru is one of the top five trading partners of India in Latin -America, with golden imports already appropriate.Chile, the home of some of the world’s largest lithium and copper reserves, is the target for deeper economic involvement, while Argentina – visited by PM modes in June – opportunities in critical minerals, energy and agricultural products, including soybeans and sunflower oil.The government wants to close the two FTAs ​​quickly in the midst of the worldwide disturbances of the supply chain and the growing weapons of strategic means.