Lithium reserves found in jammu and kashmir
5.9 million tonnes of lithium reserves have been found
NEW DELHI: The Geological Survey of India (GSI) has made a significant contribution to India's self-sufficiency in electric car batteries by discovering lithium for the first time in Jammu & Kashmir's Reasi area (UT).
Along with GSI, a group of three Public-sector Undertaking firms—National Aluminium Company, Hindustan Copper, and Mineral Exploration Corp—is collaborating to build a vehicle for research and development for lithium-ion battery recycling, acquisition, and joint manufacture.
Only a minor reserve of minerals had previously been found in Karnataka, making this the first important mineral find in India.
The finding is credited to the mines ministry's recent emphasis on rare earths.
According to Vivek Bhardwaj, secretary of the Ministry of Mines, "We have re-oriented our exploration methods towards essential and strategic minerals and this finding is a validation of our efforts."
The government is looking for rare metal sources both inside and outside of the country since lithium is a crucial component of batteries used in electric cars. With 50% of the resources concentrated in these three South American countries—Argentina, Bolivia, and Chile—the lithium triangle is where the majority of the world's lithium reserves are located. China, on the other hand, has an advantage over other nations and is in charge of 75% of the world's lithium refining.
Lithium is a key component in India's ambition to expand EV penetration by 30% by 2030; as of present, less than 1% of all new cars sold in the nation are electric vehicles.
India has pledged to cut its GDP's emission intensity by 45% by 2030. According to the minister, India has to lower its public debt ratio to strengthen its economy.
The only other option for electric cars is a lithium battery since it has a high power-to-weight ratio and can deliver a lot of power while keeping the curb weight of the car low. It also works better in a variety of temperatures and is more energy-efficient. As a result, it is a safer and more trustworthy way than other materials.
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