The Geological Survey of India has found India's second Lithium reserves in Rajasthan. Lithium is quite a demanding metal which is used in making mobiles, laptops and all battery-operated devices.
Lithium is said to be the softest and lightest metal in the world making it usable for manufacturing chargeable electronic and battery-powered goods. With an increase of such devices in the market in recent times, there is extreme demand for this metal all over the world which made the metal be called 'white gold'. According to reports the global value of one ton of Lithium is around Rs 57.36 lakhs.
So far with the absence of any reserves of Lithium in India, it was China's monopoly over the supply of the metal.
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On February 9, the first Lithium discovery was made in the Reasi district of Jammu and Kashmir where it is reported to have a stash of 5.9 million tonnes valued at $410 billion. It is said that further studies are required to confirm if the area is feasible for mining.
In Degana it was found recently and after research, it was confirmed to be Lithium. A senior geologist in Rajasthan told the media, "Exploration was completed in March in a couple of blocks. But testing, analysis and 4-5 months will be needed to ascertain the lithium content to determine whether it will make mining financially viable."
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Reportedly this reserve is at the pre-mining stage and only after more exploration will the officials be able to confirm about the quantity of Lithium available in the reserve. If this area is confirmed for mining then the two existing reserves can meet 80% of India's Lithium demand, as per reports. Rajasthan could also become a richer state consequently.
Reports also say that the reserve has been found in Revant Hill where the tungsten mineral was supplied to all over the country to make weapons and later surgical goods.
