Jammu Kashmir Lithium Reserve Found By GSI: In the newly constituted Union Territory of Jammu and Kashmir and the western Indian state of Rajasthan – the Geological Survey of India (GSI) has found enormous lithium reserves. India’s position in the global energy market could change thanks to the discovery of lithium, a vital mineral needed for the manufacture of batteries and it could become less dependent on imports from China.
Jammu Kashmir Lithium Reserve Found By GSI Know Why it is Special?
The GSI thinks that Rajasthan’s lithium reserves are anywhere between 10k and 20k tonnes while estimates for Jammu and Kashmir’s reserves range from 10,000 to 20,000 tonnes. These reserves are crucial because lithium is used to make batteries for laptops, mobile phones and electric vehicles (EVs).
Policymakers have expressed concern about India’s dependency on lithium imports because the nation wants to expand its capacity for renewable energy sources and encourage the use of electric vehicles (EVs). India has accelerated the production of solar and wind energy in recent years but its ambitions to achieve energy and self-sufficiency have been hampered by the absence of native lithium sources.
Therefore, the discovery of lithium reserves in Rajasthan and Jammu and Kashmir is a noteworthy development that can aid India in achieving its energy objectives. The demand for lithium is anticipated to rise along with the demand for EVs, and India’s indigenous lithium reserves may be able to help the country lessen its reliance on imports and lower the price of EVs for customers.
Due to its proximity to China, the world’s greatest producer of lithium – the lithium reserves in Rajasthan and Jammu & Kashmir are also strategically significant. India has to lessen its reliance on Chinese imports due to rising tensions with China and the finding of lithium riches on its own soil might change everything.
Finally, it should be noted that the discovery of sizable lithium reserves in Rajasthan and Jammu and Kashmir is a momentous development that has the potential to drastically alter India’s position in the world energy market. The reserves might lessen India’s reliance on Chinese imports and enable domestic production of batteries for electric vehicles and other electronic equipment. India must grab the chance to advance sustainable development and meet its energy objectives.