Iran announces discovery of large lithium deposit | The Guardian Nigeria News - Nigeria and World News

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Iran has announced the discovery of a large deposit of lithium, a key component of batteries for electric vehicles and electronic devices, state media reported Saturday.

“For the first time in Iran, a lithium reserve has been discovered in Hamedan”, in the west of the country, state television quoted Mohammad Hadi Ahmadi, an official with the ministry of industry, mines and trade.

Dubbed the “oil of the 21st century”, lithium is essential for the manufacture of batteries for electric vehicles, which should allow cars to wean themselves off CO2-emitting oil. According to a United States Geological Survey report published in 2022, a total of 89 million tons of lithium have been identified worldwide. Australia, Chile, Argentina and China are the main producers.

Source: Car News Wire (carnewswire.net)

 

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