Lithium Reserves in Rajasthan 2023 – As per our readers’ demand and comments, we are publishing this article. If you want to know about Lithium Reserves in Rajasthan Wikipedia, continue reading and learn more.
Lithium Reserves in Rajasthan
Recently, New Lithium Reserves have been discovered in Rajasthan’s Degana, according to state government officials and the Geological Survey of India. The capacity of these reserves is claimed to be higher than those found in Jammu and Kashmir.
It is believed that with the quantity of lithium found in Rajasthan, India can meet around 80% of its total demand, reducing its dependence on China for lithium.
The discovery of these reserves is expected to be extremely beneficial for the state and the country’s economy, as the global demand for lithium metal is expected to increase by 500% by 2050.
Lithium Reserves in Rajasthan – Overview
| Aspect | Data |
|---|---|
| Location of Lithium Reserves | Rajasthan, India |
| Capacity of Lithium Reserves | Higher than those found in Jammu and Kashmir |
| Percentage of India’s demand that can be met from Rajasthan | Around 80% |
| Current demand for lithium in India | 3 GWh |
| Expected annual demand for lithium-ion batteries in India in FY 2029-30 | 116 GWh |
| Expected lithium-ion battery demand in India in 2026 | 20 GWh |
| Expected lithium-ion battery demand in India in 2030 | 70 GWh |
| Expected global demand for lithium metal by 2050 | Increase by 500% |
What is the significance of the new Lithium reserves in Rajasthan?
The new lithium reserves discovered in Rajasthan are significant for India in several ways.
The Geological Survey of India and mining officials claim that the capacity of lithium reserves found in Rajasthan is higher than the lithium reserves found in Jammu and Kashmir recently. It is claimed that there is so much lithium in Rajasthan that 80% of India’s total demand can be met from here, reducing India’s dependence on China for lithium.
The discovery of these reserves is expected to be extremely beneficial for the state and the country’s economy, as the global demand for lithium metal is expected to increase by 500% by 2050.
The discovery of these reserves is also expected to help India strengthen its supply of key minerals like lithium, nickel, and cobalt, which are crucial for furthering its plans to expand its electric vehicle footprint.
How does India plan to extract Lithium from these reserves?
There is no information available about how India plans to extract lithium from the newly discovered reserves in Rajasthan.
How does the lithium reserves in Rajasthan compare to other countries
The newly discovered lithium reserves in Rajasthan are said to contain significantly more lithium than the 5.9 million tonnes found in Jammu and Kashmir recently.
Officials have claimed that the quantity of lithium found in Rajasthan can meet about 80% of India’s demand and requirement.
However, there is no information available in the given search results about how the lithium reserves in Rajasthan compare to other countries.
What is the current demand for Lithium in India?
The current demand for lithium in India is 3 GWh. However, the annual demand for lithium-ion batteries in India is expected to reach 116 GWh in FY 2029-30, with electric vehicles accounting for 90%.
It is also expected that India’s current lithium-ion battery demand will reach 20 GWh by 2026 and 70 GWh by 2030.
The global demand for lithium metal is expected to increase by 500% by 2050.
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