14,100 tonnes of the rare metal, Lithium Reserves found in India
The researchers at the India’s Atomic Energy Commission have found Lithium Reserves of 14,100 tonnes in Mandya. Mandya is 100 km away from Bengaluru, Karnataka. Being a very rare metal Lithium is mainly used in manufacturing batteries for electric vehicles.
Highlights
The reserves found is very little as compared to the world’s leading producers of Lithium. Of the major producers Chile produces 8.6 million tonnes, Australia produces 2.8 million tonnes and 1.7 million tonnes in Argentina.
India’s Scenario
Currently, India imports 1.2 billion USD worth lithium batteries (2019). This has increased significantly. In 2017, India imported 384 million USD worth lithium batteries.
Issues
Though India has very little reserves of Lithium and are spread in different places, they can be of significant use. But these reserves are not yet mapped. These reserves can be of good help to promote the clean-energy wave in India. GoI is on the path of implementing 1.4 billion USD plan to make India a manufacturing hub of electric vehicles.
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Month: Current Affairs - February, 2020