Lithium deposits were found for the first time in the country. Its capacity is 59 lakh (5.9 million) tonnes. Along with lithium, 5 gold blocks have also been found. This is the first Lithium (G3) site identified by the Geological Survey of India (GSI) in Reasi, Jammu, and Kashmir. Lithium is a non-ferrous metal (non-ferrous metal), which is used to make mobile-laptop, electric vehicles (EVs), and other chargeable batteries. It is a rare earth element. India is currently completely dependent on other countries for lithium.
India imports a major part of its requirements. Since 2020, India has been ranked fourth in the world in terms of lithium imports. India sources about 80% of its lithium-ion batteries from China. India is working on buying a stake in lithium-rich countries like Argentina, Chile, Australia, and Bolivia to become self-sufficient in this sector.
GSI handed over reports of 51 mineral blocks to state governments
During the 62nd CGPB meeting, GSI submitted reports of 51 mineral blocks including Lithium and Gold to the State Governments. Of these, 5 blocks are gold reserves. Besides these, potash, and molybdenum are associated with the base metals. These metals have been found in different districts of 11 states. These states include Jammu and Kashmir, Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu, and Telangana.
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