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𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗧𝗶𝗺𝗲𝘀 𝗔𝗵𝗲𝗮𝗱 𝗳𝗼𝗿 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗘𝗻𝗲𝗿𝗴𝘆 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻! 🧞 The recent announcement of India's first lithium mines in the Katghora region of Korba district in the state of Chhattisgarh, marks a pivotal step towards achieving our net-zero goals as per National Determined Contributions (NDC). As identified by the Geological Survey of India (GSI), the significant lithium and rare earth element deposits in this area underscore the importance of domestic resources in building a sustainable future. Lithium, being a critical component in battery technology, will play an essential role in accelerating the adoption of electric vehicles and renewable energy storage solutions (ESS). This move by the union government, following the sixth governing body meeting of the National Mineral Exploration Trust (NMET), reiterates our commitment to reducing carbon emissions and securing India's position in the global energy landscape. The path to net zero is challenging, but with strategic initiatives like these, we're moving closer to a greener, more sustainable future. #India #Lithium #EnergyTransition #Sustainability #Mining #ESS #NDC Refer media report enclosed. https://lnkd.in/gdiTSjaG

India Eyes Lithium Independence: Can Bidesh Khanij Limited Deliver? India's electric vehicle (EV) dream hinges on a critical element: lithium. But with limited domestic reserves, the country relies heavily on imports, making it vulnerable to supply chain disruptions and price fluctuations. Enter Bidesh Khanij Limited (KABIL), a joint venture between state-owned giants NALCO, Hindustan Zinc, and Mineral Exploration & Consultancy Limited (MECL) tasked with securing lithium independence. Let's delve into the exciting world of lithium exploration and see if KABIL can power India's EV ambitions. The Quest for Lithium: * Import Reliance: India currently imports almost all its lithium needs, spending a whopping $3 billion annually. * The Lithium Triangle: KABIL sets its sights on Argentina, Bolivia, and Chile, home to over half the world's lithium resources – the famed "Lithium Triangle." * Argentina Deal: KABIL inks a $24 million deal to explore five lithium brine blocks in Argentina's Catamarca province, marking India's first such government-led project. Challenges and the Road Ahead: * Exploration Hurdles: Discovering commercially viable lithium deposits is no easy feat. Geological surveys and resource assessments are crucial. * Technological Expertise: KABIL might need to partner with foreign companies or acquire necessary technologies for efficient extraction and processing. * Policy Push: Supportive government policies like streamlined permitting processes and infrastructure development can accelerate progress. Potential Gains: * Geopolitical Security: Diversifying lithium sources reduces dependence on a few suppliers, mitigating geopolitical risks. * EV Ecosystem Boost: A stable lithium supply chain fuels India's EV industry, creating jobs and attracting investments. * Sustainable Future: Responsible lithium mining practices ensure environmental and social sustainability. KABIL's journey has just begun, and its success will shape India's lithium future. With a determined approach, strategic partnerships, and technological advancements, this venture has the potential to not only power India's EVs but also position the country as a key player in the global lithium landscape. Join the discussion: * What are your thoughts on India's lithium ambitions? * What role can KABIL play in achieving self-sufficiency? * How will this impact the global lithium market? Share your insights in the comments below! #BideshKhanijLimited #LithiumIndependence #ElectricVehicles #Geopolitics #BatteryMetals #Geoeclipse

The Atomic Minerals Directorate for Exploration and Research has found 1600 tones of lithium resources in Mandya and Yadgiri Districts of Karnataka. This Will lead to less import dependence and self sufficiency in energy. Lithium is white gold with the lowest density among all metals. It is also declared a critical and strategic mineral. Used in rechargeable Li-on batteries and alloys. The Geological Survey of India is exploring lithium reserves in India.

India's Discovery of White Gold - Lithium Lithium, often called "white gold," is indispensable for rechargeable batteries used in devices ranging from smartphones to electric vehicles. Over the past decade, global lithium production has surged nearly fourfold, yet demand continues to outstrip supply. This imbalance has brought significant attention to the Lithium Triangle - comprising Bolivia, Chile, and Argentina—which houses over half of the world's lithium reserves. In a significant development, the Geological Survey of India (GSI) recently identified 5.9 million tonnes of inferred lithium resources in Salal-Haimana, Jammu & Kashmir. This discovery positions India as the holder of the seventh-largest lithium resource globally, accounting for approximately 5.5% of the world's total. Despite this, transitioning these inferred resources into proven reserves will require time. Currently, India depends substantially on lithium imports from countries such as the USA, Australia, Chile, China, Argentina, and Bolivia. On January 15, 2024, India's Ministry of Mines formalized an agreement between Khanij Bidesh India Limited (KABIL) and Catamarca's state-owned enterprise, CAMYEN S.E. This agreement permits KABIL to explore and develop five lithium brine blocks in Catamarca—Cortadera-I, Cortadera-VII, Cortadera-VIII, Cateo-2022-01810132, and Cortadera-VI—spanning approximately 15,703 hectares, with an estimated project cost of around ₹200 crores. Furthermore, KABIL plans to establish a branch office in Catamarca. While lithium extraction is pivotal for modern batteries, it presents considerable environmental and health challenges. According to a report by euronews.green, producing one ton of lithium requires about 2.2 million liters of water, stressing water resources in affected regions. On average, an electric vehicle (EV) battery contains around 8 kg of lithium, 14 kg of cobalt, and 20 kg of manganese, although this varies with battery size. For instance, a Tesla Model S battery comprises about 62.6 kg (138 pounds) of lithium. #kabil #caymen #lithium #mining #gsi #usgs #batteries #lithiumbattery #whitegold #environment

Big update 🎉 India is preparing to open its first lithium mines in the Katghora region. Let’s dive into the details⬇ Recently, the 𝐌𝐢𝐧𝐢𝐬𝐭𝐫𝐲 𝐨𝐟 𝐌𝐢𝐧𝐞𝐬 announced that India is gearing up to open its first lithium mines in Katghora, Chhattisgarh, following significant discoveries by the 𝐆𝐞𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐒𝐮𝐫𝐯𝐞𝐲 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚 (𝐆𝐒𝐈). 𝐀𝐧𝐝 𝐭𝐡𝐢𝐬 𝐢𝐬 𝐡𝐮𝐠𝐞! But why? Lithium is essential for making lithium-ion batteries, a critical component in the rapidly growing electric vehicle market. This marks a major step toward securing vital minerals for industries such as renewable energy and electric vehicles. The Ministry of Mines has issued tenders to allocate 20 critical mineral blocks across various states, including one for lithium and 𝐑𝐚𝐫𝐞 𝐄𝐚𝐫𝐭𝐡 𝐄𝐥𝐞𝐦𝐞𝐧𝐭𝐬 (𝐑𝐄𝐄) in Katghora. In fact, in 2023-24, Chhattisgarh’s mineral revenue surged to ₹13,000 crore, nearly 30 times higher than at the state’s formation. Additionally, to boost domestic production, the Indian government is planning financial incentives worth up to $50 million. These incentives will support research and provide technical assistance to miners. Here’s what our state’s Health Minister shared about the development: 👉 He stated that lithium is a crucial metal that will lead both the state and the country toward new dimensions of development. 👉 With the commencement of lithium mining, Chhattisgarh is poised to become one of the leading contributors to the vision of a developed India by 2047. ------------------------ At Bathwal Corporation, with our 39 years of experience, we see this move as a way to reduce India’s reliance on imports while positioning the country as a key player in the global minerals market. This initiative aims to increase domestic lithium production, stimulate economic growth, and support India’s renewable energy and technology sectors. Since 2023, Bathwal Corporation has also been exporting iron ore to China, and we hope to contribute to increasing exports while reducing import dependence. What are your thoughts on this recent announcement? #mining #india #development #gsi

🗞️ 🗞️ Earlier this month, Amit Bhatt, India Managing Director of The International Council on Clean Transportation spoke with Sumant Banerji of LiveMint about how critical Kashmir's Lithium reserves could be for India in view of the growing demand for it and how these resources should not be left untapped. Published today as Mint Long Form story in print, the story talks in depth about the reserves. 👉🏼 “The estimated demand of critical minerals like lithium, nickel and cobalt is half of the reserves that are already known and economically recoverable today. Therefore, the abundance of these raw minerals does not limit a smooth transition to EVs. However, local discovery, like the one in Kashmir, is important due to strategic reasons," said Amit Bhatt. 🔗 To know more, read here: https://lnkd.in/gxzt2sKt

India's Lithium Rush: A New Dawn for Jammu & Kashmir and India! Exciting news from India's mining sector! 🇮🇳 The Ministry of Mines is gearing up to ramp up lithium exploration in existing Jammu & Kashmir blocks. This strategic move aims to enhance the commercial viability of these blocks, attracting significant investments and boosting the region's economy. Positive Impacts: * Economic Growth: The discovery and extraction of lithium, a critical component for electric vehicle batteries and renewable energy storage, will create numerous job opportunities and stimulate economic growth in Jammu & Kashmir and North India. * Technological Advancements: This initiative will position India as a global player in the clean energy sector, driving technological advancements and fostering innovation. * Social Development: Increased economic activity will lead to improved infrastructure, healthcare, and education facilities, uplifting the lives of local communities. A Note on Sustainability: While we embrace this opportunity, it's crucial to prioritize sustainable mining practices. By adopting environmentally friendly methods, we can minimize the ecological impact and ensure a greener future for generations to come. Let's welcome this development with open arms and work together to harness the power of lithium for a brighter tomorrow! Read more at: https://lnkd.in/g6vUdVTe #India #Lithium #Mining #JammuAndKashmir #NorthIndia #CleanEnergy #Sustainability #EconomicGrowth #Innovation

Critical minerals are essential for modern technologies, from electric vehicles and renewable energy to national defence and aerospace. With its growing economy and ambitious clean energy goals, India faces a rising demand for these vital resources. India possesses reserves of several critical minerals, including #lithium, #cobalt, #rareearths, and #graphite. However, current domestic production needs to meet the country's needs. The government is actively exploring and developing domestic sources of critical minerals to reduce dependence on imports. India is building a robust ecosystem for processing and manufacturing critical minerals. This involves attracting investments in refineries and production facilities. Also reaching out to #Global #Mineralproducers for #processingtechnologies. Developing a robust domestic critical minerals strategy is crucial for India's technological and economic self-reliance. By balancing resource security, environmental sustainability, and skilling the workforce, India can unlock this sector's immense potential. #CriticalMinerals #India #Manufacturing #Sustainability #CleanEnergy REIA - The Global Rare Earth Industry Association Lynas Rare Earths Ltd RARE EARTH ASSOCIATION OF INDIA American Geosciences Institute International Aluminium Institute International ALUMINIUM Journal Lithium Americas Corp. Australian Trade and Investment Commission (Austrade) Mining Magazine Australia https://lnkd.in/ggqNAqRm

India's Ministry of Mines, in collaboration with CSIR-National Institute for Interdisciplinary Science and Technology (NIIST), is spearheading a new initiative to enhance the extraction of critical minerals like lithium and rare earth elements. With significant funding allocated to research and development, this initiative is a strategic move to reduce India's reliance on imports and build a robust domestic industry. The recent efforts in Chhattisgarh and Jammu and Kashmir highlight both the challenges and the potential of this ambitious project. This could be a turning point for India's energy independence and a key driver of its role in the global energy transition. #CSIRNIIST #MinistryOfMines #Chhattisgarh #JammuAndKashmir #CriticalMinerals #EnergyIndependence #India #EnergyTransition #Lithium https://lnkd.in/ddYE9WGU

Yeah!!! Rocks could rock so much :) Minerals like copper, lithium, nickel, cobalt, and rare earth elements are crucial for transitioning to greener and cleaner energy. ➡ Role in clean energy transition: * Lithium > electric vehicles & battery storage systems. * Copper-> solar photo-voltaic cells, wind turbines, electricity networks. * Nickel-> hydrogen and geothermal sectors. * Chromium-> wind, hydro, and nuclear energy ➡ Rising Demand: *Lithium demand rose by 30% in 2023. *Nickel, cobalt, graphite, and rare earth elements saw an 8% to 15% growth. *The aggregate value of these minerals reached $325 billion. ➡ Future Projections: *By 2040, copper demand is expected to rise by 50%. *Demand for nickel, cobalt, and rare earth elements will double. *Graphite demand will quadruple. *Lithium demand will increase eightfold, crucial for batteries. ➡ INDIA's status *India relies entirely on imports of lithium, cobalt, and nickel. *95% of copper requirements are met through imports, with China as a key supplier. ➡ Untapped Reserves: *Despite having 11% of the world's ilmenite deposits, India imports a billion dollars worth of titanium dioxide annually. *Lithium reserves were discovered in Jammu and Kashmir (5.9 million tonnes). ➡ Government Initiatives *Amendment to the Mines and Minerals (Development and Regulation) Act, 1957, to grant mining concessions for 24 critical and strategic minerals. Auction of Mineral Blocks: *First auction of 20 critical mineral blocks in November 2023. ➡ Challenges in Mineral Block Auctions *Low Interest from Miners: *Lack of adequate data on potential reserves. *Technological challenges, especially for lithium extraction from clay deposits in J&K Continued efforts in policy amendments and technological advancements are necessary to harness domestic mineral reserves effectively #criticalminerals #greenenergy #MMDR #GOI #copper #lithium #nickel #cobalt #rareearthelements #renewable #energy #mining #supplychain #mineralsreserves #policy #regulation #domestic #international #lithiumtrianlge