The Union Cabinet on Wednesday approved the Memorandum of Understanding (MoU) between India and Argentine Republic for cooperation in the field of Mineral Resources, an official statement said here.
The objectives of the MoU are to strengthen the activities involved like cooperation for encouraging minerals exploration and development, including extraction, mining and beneficiation of lithium; possibilities of forming joint venture in the field of base metals, critical and strategic minerals for mutual benefit.
Besides, exchange of technical and scientific information and interchange of ideas and knowledge; training and capacity building; and promotion of investment and development in the area of mining activities, would serve the objective of innovation.
