[arista]

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.

[Quantum Boy]

Finding lithium is like finding gold/striking oil these days... one of the most in demand substances on (in I guess?) the planet.

[bots]

yeah, so thats 2 new massive sources not controlled by china, which has got to help

[Quantum Boy]

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.

[Quantum Boy]

Originally Posted by bitontheslide

yeah, so thats 2 new massive sources not controlled by china, which has got to help

Quite a bit of litium Down Undah as well apparently, but central regions of Aus are obviously not the easiest to work in, as they spend half the year hotter than the surface of the sun.

[bots]

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

[arista]

Originally Posted by Soldier Boy

Finding lithium is like finding gold/striking oil these days... one of the most in demand substances on (in I guess?) the planet.

Yes Better than gold
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.