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News: State-owned Khanij Bidesh India Limited (KABIL) has received environmental clearance from the Argentine govt for deep exploration of five brine lithium blocks.
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About Lithium
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It is a soft, silvery-white metal.
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It is highly reactive and flammable, and must be stored in mineral oil.
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It is an alkali metal and a rare metal.
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Uses:
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Lithium metal is used to make useful alloys.
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For example, with lead to make ‘white metal’ bearings for motor engines,
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with aluminum to make aircraft parts, and
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with magnesium to make armor plates.
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In Thermonuclear reactions.
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To make electrochemical cells. Lithium is an important component in Electric Vehicles, Laptops etc.
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Countries with Largest Reserves:
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Chile> Australia> Argentina
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Three nations of South America: Bolivia, Chile, and Argentina have rich resources of lithium.
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They are collectively referred to as the ‘Lithium Triangle’.
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Australia is the world’s biggest exporter of lithium with most of it going to China, which dominates the lithium ion battery production market.
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China controls ~80% of global lithium-ion battery manufacturing currently.
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Source: Times of India