LITHIUM EXPLORATION Syllabus GS Paper 2 – Economy)

News-CRUX-10     16th January 2024        
Samadhaan

Context: The Centre recently signed an agreement to acquire five lithium brine blocks for exploration and development in Argentina.


Lithium Reserves in India

  • Lithium Reserves in India: A preliminary survey in Southern Karnataka's Mandya district estimated lithium reserves of 14,100 tonnes. 
  • Other potential Sites: Mica belts in Rajasthan, Bihar, Andhra Pradesh, pegmatite belts in Odisha and Chhattisgarh, and Rann of Kutch in Gujarat.

Lithium Reserves in world

  • Major Global Lithium Reserves: Chile; Australia; Argentina are the top countries with Li reserves.
  • Lithium Triangle: Chile, Argentina, Bolivia.
  • India's Lithium Expedition: India is dependent on China for lithium imports, total imports in FY23were roughly $3 bn.


Argentina

  • About: Argentina, country of South America, covering most of the southern portion of the continent. 
  • Capital: Buenos Aires
  • Bounded by: Chile to the south and west, Bolivia and Paraguay to the north, and Brazil, Uruguay, and the Atlantic Ocean to the east.
  • Four Major Regions: The Andes, the North, the Pampas, and Patagonia.
  • Four Main Climate Types: Warm, moderate, arid, and cold.
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