Explanation – The Lithium Triangle refers to a lithium-rich region in South America, including parts of Argentina, Bolivia, and Chile. This area is significant because it holds approximately 50-60% of the world’s identified lithium resources, primarily found in salt flats (salars). Lithium, often called “white gold,” is essential for batteries used in electric vehicles and renewable energy storage, making the region critical for the global energy transition.

Source: The Hindu