A significant deposit of lithium, a rare metal used in the manufacturing of batteries for electronic devices and electric vehicles, has been discovered in India. The deposit is estimated to be 5.9 million tonnes in the Salal-Haimana area of Reasi District of Jammu & Kashmir (UT), making it one of the largest deposits of lithium in the world.
"The unavailability of Lithium has been one of the reasons why India has been dependent on other countries for Li-Ion batteries and other EV components. Lithium being one of the core elements of the Li-Ion batteries and taking into consideration the financial impact of sourcing Lithium, the recent discovery of Lithium reserves in J&K does come in as a new lease of life as it further enables India’s ambition to become self-sufficient in its energy storage needs,” Pankaj Sharma, Co-Founder and Director of Log9 Materials said.
Lithium is considered a crucial component for the production of rechargeable batteries, which are used in a variety of electronic devices, including smartphones, laptops, and electric vehicles. The recent discovery of this large deposit of lithium in India could potentially help the country to meet its domestic demand for metal, which has been increasing in recent years due to the growing popularity of electronic devices and electric vehicles.
In addition to meeting domestic demand, the discovery of this large deposit of lithium in India could also help the country to become a major player in the global...
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