Lithium, often called “white gold,” is essential for many modern technologies and industries. It plays a crucial role in rechargeable batteries that store energy from renewable sources like solar and wind power. These batteries are also what power our electric cars and gadgets, like laptops and smartphones. As the world moves toward cleaner energy, having easy access to lithium is becoming more important for making these technologies work efficiently.
Rising Demand for Lithium
With more people buying electric vehicles (EVs), the demand for lithium is skyrocketing. Experts predict that by 2030, the need for lithium could grow more than five times! Right now, the majority of the world’s lithium comes from Australia and three countries in South America known as the “Lithium Triangle”: Chile, Argentina, and Bolivia. These countries supply over 75% of the world's lithium, which is then processed in China.
India’s Lithium Journey
India is beginning to realize the importance ...