{"id":227277,"date":"2023-02-20T19:25:02","date_gmt":"2023-02-20T13:55:02","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=227277"},"modified":"2023-02-20T19:25:02","modified_gmt":"2023-02-20T13:55:02","slug":"judgement-reserved-too-early-to-celebrate-the-lithium-find","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/judgement-reserved-too-early-to-celebrate-the-lithium-find\/","title":{"rendered":"Judgement reserved &#8211; Too early to celebrate the lithium find"},"content":{"rendered":"\n<p><strong>Source<\/strong>: The post is based on the article\u00a0<strong>\u201cJudgement reserved &#8211; Too early to celebrate the lithium find&#8221; <\/strong>published in <b>Business Standard <\/b>on\u00a0<b>20th February 2023<\/b>.<\/p>\n<p><strong>Syllabus<\/strong>: GS 1 \u2013 Distribution of key natural resources across the world (including South Asia and the Indian sub-continent).<\/p>\n<p><strong>Relevance<\/strong>: About Lithium reserves.<\/p>\n<p><strong>News<\/strong>: Recently, a vast deposit of lithium ores has been found in Jammu\u00b4s Reasi district.<\/p>\n<h2>What is Lithium?<\/h2>\n<table>\n<tbody>\n<tr>\n<td><strong>Read here:\u00a0<\/strong><a href=\"https:\/\/forumias.com\/blog\/india-finds-a-small-deposits-of-lithium-in-karnataka\/\"><strong>Facts about Lithium<\/strong><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>About the Lithium findings<\/h2>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Read more: <a href=\"https:\/\/forumias.com\/blog\/geological-survey-of-india-finds-lithium-and-gold-deposits\/\">Geological Survey of India Finds Lithium and Gold Deposits<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span id=\"What_are_the_applications_of_Lithium\">What are the applications of Lithium?<\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<td><strong>Read here:\u00a0<\/strong><a href=\"https:\/\/forumias.com\/blog\/nigerias-latest-lithium-find-some-key-questions-answered\/\"><strong>Uses of Lithium<\/strong><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>What are the issues with extracting the identified Lithium resources?<\/h2>\n<p>If the estimates that the Reasi deposits of 5.9 million tonnes of lithium are close to being accurate, then India possesses the largest reserves after Bolivia. However, <strong>a)<\/strong> the <strong>accurate estimates of proven quantity<\/strong> could eventually be <strong>significantly lower than the current inferred amount<\/strong>.<\/p>\n<p><strong>b)<\/strong> The <strong>extraction process<\/strong> could take a decade or more and <strong>require substantial investment<\/strong>. For instance, in 2005, Gujarat State Petroleum Corporation (GSPC) announced that it had discovered $100 billion worth of natural gas in the offshore Krishna Godavari Basin. It was hailed as a historic moment and large investments poured in over the next 17 years. But GPSC still did not achieve commercial production.<\/p>\n<p><strong>c)<\/strong> India should <strong>not only have to extract and refine<\/strong> lithium but <strong>also set up a value chain<\/strong> for battery production. This process of extraction, refining, and battery production will take a fair amount of investment and time.<\/p>\n<p><strong>d)<\/strong> The project will create a <strong>serious environmental impact and possibly require the shifting of local populations <\/strong>since the area is geologically \u201cyoung\u201d and seismically unstable.<\/p>\n<p><strong>e)<\/strong> Reasi is <strong>close to the Line of Control<\/strong>, which means there could be <strong>geopolitical complications<\/strong>.<\/p>\n<h2>What should be done?<\/h2>\n<p>The government will have to <strong>work out a comprehensive policy<\/strong> if the reserves are proven.<\/p>\n<p><strong>Work on sodium-ion batteries<\/strong>: India has always been aware that it is lacking in lithium reserves. Hence, India has invested in researching alternative storage technologies involving sodium-ion batteries.\u00a0Sodium is far more abundantly available than lithium it can be extracted from seawater. There has been promising research into sodium-ion battery technologies in the laboratories of the IITs. Indian should continue and scale up it to be commercially available.<\/p>\n<p>The lithium discovery is worth investigating, but that should not hurt research on alternative storage technologies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article\u00a0\u201cJudgement reserved &#8211; Too early to celebrate the lithium find&#8221; published in Business Standard on\u00a020th February 2023. Syllabus: GS 1 \u2013 Distribution of key natural resources across the world (including South Asia and the Indian sub-continent). Relevance: About Lithium reserves. News: Recently, a vast deposit of lithium ores&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/judgement-reserved-too-early-to-celebrate-the-lithium-find\/\">Continue reading <span class=\"screen-reader-text\">Judgement reserved &#8211; Too early to celebrate the lithium find<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[10503,263],"class_list":["post-227277","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-business-standard","tag-gs-paper-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704940303},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/227277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=227277"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/227277\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=227277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=227277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=227277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}