According to the Geological Survey of India, Lithium Reserves have been found in the Nagaur District of Rajasthan. It is said that these reserves are much more in capacity than the ones found in Jammu and Kashmir Region.
According to Rajasthan government officials, lithium reserves have been discovered in Degana (Nagaur) in Rajasthan. The Geological Survey of India (GSI) and mining officials believe that the capacity of lithium reserves discovered here is more than the capacity of lithium reserves discovered lately in Jammu and Kashmir.
Lithium Reserves in Rajasthan
It is said that there is so much lithium here that it can meet 80% of India’s total consumption. Until now, India has relied on China for lithium. It is now thought that China’s stranglehold will disappear, and Rajasthan’s fortunes would climb alongside those of the Gulf countries. Lithium is a nonferrous metal that is used to create mobile phones, laptop computers, electric cars, and other rechargeable batteries. India is fully reliant on pricey imported lithium sources. Now, GSI has discovered huge amounts of lithium near Degana.
Lithium reserves in Rajasthan have been discovered in the same Renvat hill of Degana and its surrounding area that historically supplied the country with tungsten material. During the British administration, the British discovered tungsten ore on the hill of Renwat in Degana in 1914. Prior to independence, the tungsten produced here was utilized to manufacture war material for the British Army during World War I. Following independence, it was also employed in the production of surgical equipment in the country’s energy and health sectors. Around 1500 people worked here at the time.
China’s cheap export policy made tungsten exports from here pricey in 1992-93. Tungsten production was eventually halted here. This hill, which had been inhabited for years and had contributed to the country’s progress by supplying tungsten, was deserted in a single stroke. During that time, the offices, houses, gardens, and even schools built by GSI and other government officials were destroyed. According to officials, the lithium that is now being extracted from this hill will transform the fate of Rajasthan and the country.
About Lithium
Lithium is the lightest metal on the planet, yet it is required by every battery-powered equipment. Lithium is also the world’s softest and lightest metal. It is soft enough to cut with a vegetable knife and light enough to float in water. It converts chemical energy into electrical energy by storing it. Today, lithium may be found in every charging electronic and battery-powered device in the home.
As a result, there is a huge demand for lithium all over the world. It is also known as White Gold due to its high global demand. One tonne of lithium is worth around Rs 57.36 lakh globally. The energy transition is occurring all across the planet. Every country is rapidly transitioning from fossil fuel energy to renewable energy. The use of lithium is expanding, from aircraft to wind turbines, solar panels, electric vehicles, mobile phones, and every small and large charging item in the home. According to the World Bank, Lithium Demand will be rising to 500 percent by 2050, and if the report is correct, the newly discovered Lithium will not only be beneficial to the economy of the state but also to the Economy of the Country.
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Also read: Importance Of Newly Discovered Lithium Deposits In India
