Lithium, often referred to as "white gold," has become an essential component in the modern energy transition, specifically in the manufacturing of electric vehicle (EV) batteries. With the surging global demand for EVs, countries are actively pursuing ways to secure a steady supply of this critical raw material. India, aiming to establish itself as a leader in the EV revolution, is taking a significant step by negotiating a stake in Chilean mining company SQM’s lithium projects in Australia.