‘As geopolitically important as oil’: Lithium mining could transform India – but is trouble looming? – by Samaan Lateef (The Telegraph – June 15, 2023)

https://www.telegraph.co.uk/

As countries wean themselves off fossil fuels and decarbonise their economies, a global race to extract the precious metal is on the horizon

In early February, the Indian government made a discovery deep beneath the foothills of the Himalayas which holds the potential to transform the nation. It was not a discovery of gold, diamonds or oil – but a highly reactive precious metal that is, quite literally, electrifying the world: lithium.

As countries look to wean themselves off fossil fuels and decarbonise their economies, a global race has emerged to mine the metal, which is a vital component for batteries – the sort used in electric vehicles and mobile – and extremely effective at storing energy.

This race is currently being won by the likes of Australia and Chile, but India’s new-found supply of lithium, which amounts to 5.9 million metric tons, the sixth largest reserve in the world, is likely to make the nation a serious contender.

The government will be eager to exploit its bounty as soon as possible – not only because it offers the opportunity to create jobs and attract investment, helping turbocharge the economy, but because lithium can pave the way to a greener India.

For the rest of this article: https://www.telegraph.co.uk/global-health/climate-and-people/lithium-mining-india-precious-metal-batteries-carbon/