March 16, 2023: Iran says it has found a lithium reserve of as much as 8.5 million tons that might put the nation on the map of the world’s mining trade to assist battery producers, state media reported on March 13.
The nation’s trade, mining and commerce ministry stated the reserve in western Hamedan Province was the primary to be confirmed in Iran and could possibly be one of many largest on this planet.
If the reserve estimate proves to be correct, it might imply that Iran holds the second largest reserves on this planet after the 9.2 million ton deposit in Chile.
Iran’s authorities has stated the nation expects to start extracting lithium inside the subsequent two years, however wouldn’t present additional particulars.
It is usually unclear whether or not Iran has the required technical experience and tools and whether or not it may set up worldwide partnerships to recuperate and promote lithium whereas the topic of worldwide sanctions.
In response to the US Geological Survey, acknowledged lithium sources worldwide have elevated to 89 million tons because of continued exploration.
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