India's first big lithium find boosts electric car hopes | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
July 05, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JULY 05, 2025
India's first big lithium find boosts electric car hopes

South Asia

TBS Report
11 February, 2023, 09:50 am
Last modified: 11 February, 2023, 09:53 am

Related News

  • India to deport over 200 alleged undocumented immigrants to Bangladesh
  • India proposes retaliatory duties at WTO against US tariffs on autos
  • US, India push for trade pact after Trump strikes deal with Vietnam: sources
  • India reviews anti-dumping duty on jute imports from Bangladesh, Nepal
  • Trump says US could reach trade deal with India, casts doubt on deal with Japan

India's first big lithium find boosts electric car hopes

TBS Report
11 February, 2023, 09:50 am
Last modified: 11 February, 2023, 09:53 am
A man sits on his electric scooter as he waits to swap his battery at a Sun Mobility battery swapping station in New Dehli, India. Photo: Reuters
A man sits on his electric scooter as he waits to swap his battery at a Sun Mobility battery swapping station in New Dehli, India. Photo: Reuters

India has announced its first significant discovery of reserves of lithium in its Jammu region, a rare mineral crucial for manufacturing electric vehicles, reports BBC.

The government said on Thursday that 5.9 million tonnes of the mineral had been discovered in Jammu and Kashmir. So far, India has depended on Australia and Argentina for lithium imports.

The Geological Survey of India has also found five blocks of gold and 7.8 billion tonnes of solid mineral fuels like coal and lignite as part of its discovery of 51 blocks of minerals across the country since 2018, the Hindustan Times reported yesterday.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

India finds 5.9 million tonnes lithium deposits in Jammu and Kashmir

Lithium is a key component in rechargeable batteries that power numerous gadgets like smartphones and laptops, as well as electric cars.

Experts say that the discovery could aid India's push to increase the number of private electric cars by 30% by 2030, as part of efforts to cut carbon emissions to tackle global warming.

The Geological Survey of India found the lithium reserves in the Salal-Haimana area of Reasi district in Jammu and Kashmir, India's Ministry of Mines said.

In 2021, much smaller deposits of the mineral were found in the southern state of Karnataka.

Earlier, the government had said that it was looking to improve its supply of rare metals needed to boost new technologies and was looking for sources in India and abroad.

Vivek Bharadwaj, Ministry of Mines secretary, told Mint newspaper that India had been "re-orienting its exploration measures" to meet this goal.

Around the world the demand for rare metals, including lithium, has increased as countries look to adopt greener solutions to slow down climate change.

In 2023, China signed a $1bn (£807m) deal to develop Bolivia's vast lithium reserves, which are estimated at 21m tonnes and the largest in the world.

According to the World Bank, mining of crucial minerals will need to increase by 500% to meet global climate targets by 2050.

However, experts say that the process of mining lithium is not environment-friendly.

Lithium is extracted from hard rocks and underground brine reservoirs largely found in Australia, Chile and Argentina.

After the mineral is mined, it is roasted using fossil fuels, searing the landscape and leaving behind scars. The extraction process also requires a lot of water and releases large amounts of carbon dioxide into the atmosphere.

To extract it from underground reservoirs, many of which are found in water-scarce Argentina – a large amount of water is used, leading to protests from indigenous communities, who say that such activity is exhausting natural resources and leading to acute water shortages.

Top News / World+Biz

India / lithium / EV

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    How BB’s floating rate regime calms forex market
  • Customs bureaucracy: Luxury cars rot at Ctg port
    Customs bureaucracy: Luxury cars rot at Ctg port
  • Infograph: TBS
    Low-skilled Saudi jobs getting tougher for Bangladeshis amid mandatory certification, poor salary

MOST VIEWED

  • A meeting of the Advisory Council Committee chaired by the Chief Adviser Muhammad Yunus held on 3 July 2025. Photo: PID
    Govt Service Ordinance: Compulsory retirement to replace dismissal for misconduct in govt job 
  • Graphics: TBS
    Foreign currency in offshore banking units now eligible as collateral for taka loans
  • New Mooring Container Terminal. Photo: TBS
    Chittagong Dry Dock to take over New Mooring terminal operations on 7 July
  • Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, US, 30 January 2019. Photo: REUTERS
    Bangladesh expects US tariff relief after Trump announces cuts to Vietnam
  • Miners are seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China. Photo: Reuters
    How China is playing the rare earths trump card — and why Ukraine couldn’t
  • Illustration: TBS
    Grameen Jibon: A business born from soil, memory, and the scent of home

Related News

  • India to deport over 200 alleged undocumented immigrants to Bangladesh
  • India proposes retaliatory duties at WTO against US tariffs on autos
  • US, India push for trade pact after Trump strikes deal with Vietnam: sources
  • India reviews anti-dumping duty on jute imports from Bangladesh, Nepal
  • Trump says US could reach trade deal with India, casts doubt on deal with Japan

Features

Students of different institutions protest demanding the reinstatement of the 2018 circular cancelling quotas in recruitment in government jobs. Photo: Mehedi Hasan

5 July 2024: Students announce class boycott amid growing protests

11h | Panorama
Contrary to long-held assumptions, Gen Z isn’t politically clueless — they understand both local and global politics well. Photo: TBS

A misreading of Gen Z’s ‘political disconnect’ set the stage for Hasina’s ouster

16h | Panorama
Graphics: TBS

How courier failures are undermining Bangladesh’s online perishables trade

15h | Panorama
The July Uprising saw people from all walks of life find themselves redrawing their relationship with politics. Photo: Mehedi Hasan

Red July: The political awakening of our urban middle class

1d | Panorama

More Videos from TBS

India proposes retaliatory tariffs against US at WTO

India proposes retaliatory tariffs against US at WTO

Now | TBS World
Ukraine war: Trump under pressure from his own party

Ukraine war: Trump under pressure from his own party

17h | TBS World
News of The Day, 04 JULY 2025

News of The Day, 04 JULY 2025

16h | TBS News of the day
Contractor witnesses shooting of hungry people in Gaza

Contractor witnesses shooting of hungry people in Gaza

18h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net