{"id":235912,"date":"2023-04-03T20:30:14","date_gmt":"2023-04-03T15:00:14","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=235912"},"modified":"2023-04-04T15:14:39","modified_gmt":"2023-04-04T09:44:39","slug":"lithium-find-in-jk-chile-with-most-reserves-ready-to-share-know-how","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/lithium-find-in-jk-chile-with-most-reserves-ready-to-share-know-how\/","title":{"rendered":"Lithium find in J&K: Chile, with most reserves, ready to share know-how"},"content":{"rendered":"\n

Source<\/strong>: The post is based on the article\u00a0\u201cLithium find in J&K: Chile, with most reserves, ready to share know-how<\/strong>\u201d published in The Indian Express <\/strong>on\u00a03rd<\/sup> April 2023<\/strong>.<\/p>\n

Syllabus: GS 2 \u2013 International Relations<\/strong><\/p>\n

Relevance: <\/strong>about Chile and India bilateral relations<\/strong><\/p>\n

News<\/strong>: The article discusses the ways through which Chile can help India in exploiting its lithium resources and other areas of cooperation between the two.<\/p>\n

How can Chile help India in exploiting its lithium resources?<\/strong><\/h2>\n

Chile is the country with the most lithium reserves<\/strong> (48% of the world’s total lithium deposits) and it is home to the company SQM<\/strong>, which is the second largest global lithium producer.<\/p>\n

SQM has already invested in Australia where they have a Chilean-Australian joint venture called Covalent.<\/p>\n

Therefore, SQM can extend technical expertise in exploiting inferred lithium<\/strong> resources of 5.9 million tonnes in Salal-Haimana area of Reasi district in Jammu and Kashmir.<\/p>\n

Must Read: <\/strong>Lithium Reserves in India: Strategic Significance and Concerns – Explained<\/strong><\/a><\/p>\n

What are the different areas of cooperation between India and Chile?<\/strong><\/h2>\n

Currently, there is an agreement on trade of goods<\/strong> between the two nations.<\/p>\n

The discussions were also made in 2019 by India for procurement of lithium from Chile.<\/strong> However, the initiative came to a halt due to the Covid.<\/p>\n

Further, during the visit of the President of India to Chile in 2019, a Memorandum of Understanding (MoU) between India and Chile on cooperation in geology and minerals was renewed for five years.<\/strong><\/p>\n

Khanij Bidesh India Limited (KABIL<\/strong>) has also taken efforts last year to source strategic minerals<\/strong> lithium and cobalt<\/strong> from countries like Australia, Argentina and Chile.<\/p>\n

There were also discussions going on in wide ranging areas including trade, technology, renewables, space, mining and education between the two nations.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article\u00a0\u201cLithium find in J&K: Chile, with most reserves, ready to share know-how\u201d published in The Indian Express on\u00a03rd April 2023. Syllabus: GS 2 \u2013 International Relations Relevance: about Chile and India bilateral relations News: The article discusses the ways through which Chile can help India in exploiting its… Continue reading Lithium find in J&K: Chile, with most reserves, ready to share know-how<\/span><\/a><\/p>\n","protected":false},"author":10320,"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":[212,10500,11362],"class_list":["post-235912","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-indian-express","tag-lithium-reserves","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1701688677},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/235912","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\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=235912"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/235912\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=235912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=235912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=235912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}