Technology Metals Australia

Technology Metals Australia (TMT): Strategic India Engagement and Critical Minerals Partnerships

Background:

Newland Global Group (NGG) was engaged by Technology Metals Australia Limited (ASX: TMT) to advise on its India engagement strategy and develop pathways for strategic partnerships aligned with India’s clean energy transition and critical minerals agenda. TMT was progressing the Murchison Technology Metals Project (MTMP) in Western Australia, focused on producing high-purity vanadium pentoxide (V₂O₅) - a key input for both advanced steel manufacturing and vanadium redox flow batteries (VRFBs).

India’s industrial expansion, coupled with its push for clean energy storage solutions, created a compelling opportunity for Australian vanadium developers to build cross-border value chains. NGG’s mandate was to align TMT’s offering with India’s national priorities and unlock early commercial traction through institutional engagement and bilateral frameworks, including the Australia–India Economic Cooperation and Trade Agreement (AI-ECTA) and India’s Critical Minerals Strategy.

Approach:
NGG worked closely with TMT to frame a targeted India engagement program aimed at securing high-impact partnerships in both the steel and renewable energy storage sectors. This included:

1. Strategic Market Positioning: Articulated TMT’s value proposition in the context of India’s growing demand for high-performance steel alloys and long-duration energy storage solutions, positioning V₂O₅ as a critical enabler of India’s net-zero ambitions.
2. Stakeholder Engagement: Facilitated bilateral discussions with key industrial and technology stakeholders in India, focusing on downstream opportunities and supply chain resilience.
3. Strategic MoUs with Key Indian Stakeholders: Secured formal engagements with major Indian players to validate market interest, co-develop deployment models, and advance strategic offtake discussions.
4. Policy and Partnership Advisory: Provided strategic counsel on India’s evolving policy ecosystem in critical minerals, supported TMT’s alignment with national objectives, and identified government-backed investment incentives.

Outcome:
NGG’s engagement enabled TMT to establish a credible presence in India’s strategic minerals landscape and initiate high-value partnerships that strengthened its commercial positioning ahead of its next phase of growth. Strategic MoUs were signed with -

• Tata Steel: Engagement with one of the world’s largest steel producers to assess potential alignment around the long-term supply of ferrovanadium and vanadium nitride for advanced steel applications.
• Delectrik Systems Pvt Ltd: Leading Indian manufacturer of vanadium redox flow batteries (VRFBs), focused on exploring opportunities in renewable energy storage innovation and deployment across the region.

In 2024, TMT merged with Australian Vanadium Limited (ASX: AVL) - creating one of the most advanced and integrated vanadium development companies globally. The consolidation was a strategic move to combine processing capabilities, improve funding access, and accelerate the development of Australia’s first vanadium electrolyte production facility, supporting global battery supply chains.

Conclusion:
NGG’s advisory role with TMT highlights its deep expertise in Australia–India critical minerals collaboration. By facilitating strategic partnerships and advancing market access for emerging resource players, NGG continues to drive outcomes that strengthen bilateral economic ties and position Australia as a leading provider of clean energy inputs to India and the broader Indo-Pacific.