Huge lithium discovery could end world shortages ... Oh, wait, it's in Iran
Lithium, sometimes hyped as white gold, has been highly sought after for its role in battery production, and other things.[PDF] lithium demand will rise from 1.8 million metric tons in 2025 to 3.7 million metric tons in 2030 largely due to its role in electric vehicles and other battery dependent devices.critical minerals – rare earth metals, lithium, and cobalt –"are essential to our national security and economic prosperity.
Alas for the US, the latest cache of this malleable metal has turned up in Iran – one of just four countries America has designatedAccording to The Financial Tribune, an English language news publication focused on Iran that's operated by Tehran-based Donya-e-Eqtesad, Ebrahim Ali Molla-Beigi, director general of the Exploration Affairs Office of the Ministry of Industries, Mining and Trade,that Iran has discovered its first lithium reserve in Hamedan Province, in the western part of the...
The reserve is said to be 8.5 million metric tons, which – if accurate – would be among the largest known deposits yet discovered.[PDF], the top five identified lithium reserves are: Bolivia, 21 million tons; Argentina, 20 million tons; Chile, 11 million tons; Australia, 7.9 million tons, and China, 6.8 million tons.
A US ton is 2,000 pounds; a British or Imperial ton is 2,240 pounds; a metric ton is 2204.6 pounds or 1000kg. Your mileage may vary, asLithium is used not just in car batteries, but also in battery-powered defense equipment, among other things.
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