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India has found 5.9Million Tonnes of Lithium Deposits
For the last 6 Years
they have spent Billions of Dollars buying Lithium from China Now that Contract can end. Good News for India. Reported on WION HD Gravitas Part 1. [Lithium deposits have been found for the first time ever in India. The 5.9 million tonnes of Lithium inferred resources have been discovered in the Salal-Haimana area of Reasi district of Jammu and Kashmir, according to the Geological Survey of India.] Sign Of The Times. |
Finding lithium is like finding gold/striking oil these days... one of the most in demand substances on (in I guess?) the planet.
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yeah, so thats 2 new massive sources not controlled by china, which has got to help
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Very bad news for China, I think there's a humanitarian disaster looming. The West relying less and less on Chinese resources... their economy will collapse. There isn't the same demand for these resources from their allies.
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not sure if it was Norway or Sweden that had the big find, but thats obviously where europe will go for its needs unless india is very cheap
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as it's use, is so much more needed for India made phones and India made cars. Plus they now have the Apple Contract as China failed. |
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