India has acquired five lithium blocks in Argentina. The Mines Ministry, through Khanij Bidesh India (KABIL), signed an agreement with Argentina’s State-owned Catamarca Minera Y Energetica  Sociedad Del Estado (CAMYEN). This is the first-ever lithium exploration and mining project undertaken by a government company in India. Lithium, often called ‘white gold’, forms the cornerstone of the country’s transition to green energy options. It is used across various categories, including energy storage solutions, batteries for mobile phones and in EVs. Argentina has the distinction of having the second-largest lithium resources, third-largest lithium reserves and forth-largest production in the world.