Table of Contents
LITHIUM
- A chemical element with the symbol Li and atomic number 3.
- Nobel Prize in chemistry 2019 awarded for work on lithium-ion batteries
LITHIUM-ION BATTERIES
- The first rechargeable battery came about in 1859. These were made from lead-acid, and are still used to start gasoline- and diesel-powered vehicles today.
- Stanley Whittingham discovered an extremely energy-rich material, which he used to create an innovative cathode in a lithium battery.
- This in perspective, the lithium find is small compared to many major producers. If one compares with 8.6 million tonnes in Chile, 2.8 million tonnes in Australia, 1.7 million tonnes in Argentina or 60,000 tonnes in Portugal, 14,100 tonnes is not that large.
- Nevertheless, there is much to celebrate with this discovery. The fact that the myth of a ‘no-Lithium India’ has been busted will now propel researchers, and the government to begin the search of other Lithium reserves in the country.
- If and when found, such local reserves of the metal will immensely help cut imports of the metal and boost the Lithium-ion manufacturing in India. India currently imports all its lithium needs. It imported lithium batteries worth $1.2 billion in fiscal 2019, up from $384 million in FY17.
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