India To Auction Newly Found Lithium Reserve

According to a Reuters report, ministers in India have decided to auction the newly found lithium reserve.

India’s northern federal territory of Jammu and Kashmir will auction a lithium block discovered last month, the country’s mines minister said in parliament on Monday.

“The exploitation of lithium will depend upon successful auction of the mineral block,” minister Pralhad Joshi said, adding the timeline for an auction would be decided by Jammu and Kashmir authorities.

According to a WSJ report, the New York City Fire Department revealed the number of e-bike lithium-ion battery fires had more than doubled last year to 216 and is rising all over America.

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