The Geological Survey of India, Govt of India has dismissed the following story as Baseless.
More here : https://worldautoforum.com/gsi-terms-reports-on-large-lithium-reserves-found-in-rajasthan-as-baseless/
By ET and IANS
Months after India found its First ever lithium reserve in Jammu and Kashmir, another reserve of the crucial mineral has been found in Rajasthan’s Degana (Nagaur). The new lithium reserve is much bigger than the one found in Jammu and Kashmir, news wire agency IANS quoted Rajasthan government officials as saying.
Lithium is a non-ferrous metal, which is used to make mobile-laptop, electric vehicle and other chargeable batteries.
GSI and mining officials have claimed that the amount of Lithium present in these reserves can satisfy 80 percent of India’s total demand. The discovery of these reserves may help in reducing the dependency of India on China for Lithium.
India, till now, is dependent on China for Lithium. However, with the discovery of this reserve in Rajasthan, it is believed that China’s monopoly will end and like the Gulf countries, the fortunes of Rajasthan will also rise, reported IANS.
India is completely dependent on expensive foreign supplies for Lithium. Now GSI has found large deposits of Lithium around Degana.
Lithium reserves in Rajasthan have been found in the same Renvat hill of Degana and its surrounding area, from where Tungsten mineral was once supplied to the country. During the British rule, the British had discovered Tungsten mineral in the year 1914 on the hill of Renwat in Degana.
Before independence, the Tungsten produced here was used to make war material for the British Army during the First World War. After independence, it was also used in the field of making surgical instruments in energy and health sector in the country. At that time around 1500 people used to work here.
In the year 1992-93, China’s cheap export policy made tungsten coming out of here expensive. Eventually, the production of tungsten was stopped here. This hill, which was inhabited all the time and helped in the development of the country by supplying tungsten for years, became deserted in a single stroke.
During that period, the offices, houses, gardens and even the schools built by the officials of GSI and other government agencies were turned into ruins. Now the Lithium coming out of this hill will change the fate of Rajasthan and the country, said officials.
Lithium is the world’s lightest metal, needed by every battery-powered device
Lithium is also the softest and lightest metal in the world. Soft enough to be cut with a vegetable knife and light enough to float when put in water. It stores chemical energy and converts it into electrical energy.
Lithium is present in every chargeable electronic and battery-powered gadget in the house today. For this reason, there is a tremendous demand for Lithium around the world. Due to the global demand, it is also called White Gold. The global value of one ton of Lithium is around Rs 57.36 lakh.
Energy transformation is taking place all over the world. Every country is moving fast from fuel energy to green energy. From air crafts, to wind turbines, solar panels, electric vehicles, mobiles and every small and big chargeable device in the house, the use of Lithium is increasing.
According to the World Bank report, by the year 2050, the global demand for Lithium metal will increase by 500 percent. From this point of view, getting immense reserves of Lithium in Rajasthan is extremely beneficial not only for the state but also for the country’s economy.
The world’s largest Lithium reserves of 21 million tonnes are currently in the country of Bolivia. After this, there are also large reserves in Argentina, Chile and America. Despite this, China, which has reserves of 5.1 million tonnes of Lithium, continues to have a monopoly in the global market.
India also has to buy 53.76 per cent of its total Lithium imports from China. In the year 2020-21, India had imported Lithium worth more than Rs 6,000 crore and out of this Lithium worth more than Rs 3,500 crore was bought from China.
In such a situation, officials believe that the Lithium deposits found in Rajasthan are so much that China’s monopoly can be completely end and the country can become self-sufficient in the matter of green energy.
The story of finding Lithium reserves in Rajasthan is also very interesting. On the instructions of the Central Government, the GSI survey team reached Degana to find high grade tungsten minerals. Meanwhile, the GSI survey team found the availability of Lithium reserves in this area.
Answering the question of Nagaur MP Hanuman Beniwal in Parliament on 29 March 2023, Union Minister of Mines and Parliamentary AKairs Prahlad Joshi had told that survey is being done by GSI in Renwat hill and its surrounding area in Degana, Rajasthan for discovery of high grade quality tungsten.
In the indications so far, the GSI survey team has found deposits of high quality tungsten as well as Lithium and 4 other minerals in the G2 stage survey.
Officials confirmed that Lithium deposits have been found near Degana during the search for tungsten by the GSI survey team.
There is a possibility of Lithium deposits in some other places including Barmer, Jaisalmer. They informed that the survey team is expediting the exploration work of Lithium. So that auction can be done for mining by exploration of G2 stage here as soon as possible.
(With inputs from IANS)
The Geological Survey of India, Govt of India has dismissed the following story as Baseless.
More here : https://worldautoforum.com/gsi-terms-reports-on-large-lithium-reserves-found-in-rajasthan-as-baseless/
