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INDIA’S LITHIUM DEPENDENCY WORRIES

Lithium has been among the most sought-after mineral during the past few years, largely on the back of its usage in battery manufacturing. India is at odds with a major import source for the mineral, China. <br>For more information related to ias foundation course visit https://edenias.com/ias-foundation-course-gs-csat-3-years-lakshya/<br><br>#3yearsupsccoaching<br>#3yearsiascoaching<br>#3YearsIASfoundationCourse<br>#3YearsGSCSATFoundationCoaching<br>#3yearfoundationcourseforiasindelhi<br>#iasfoundationcourse

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INDIA’S LITHIUM DEPENDENCY WORRIES

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  1. INDIA’SLITHIUMDEPENDENCYWORRIES CONTEXT: Lithiumhasbeenamongthemostsought-aftermineralduringthepastfewyears,largelyonthebackofitsusageinbatterymanufacturing.Indiaisatoddswithamajorimportsourceforthemineral,China. WHYINDIAREQUIRESLITHIUM? • Indiadoesnothaveenoughlithiumreservesfor Lithium: • LithiumisachemicalelementwiththesymbolLiandatomicnumber3. • Understandardconditions,itistheleastdensemetalandtheleastdensesolidelement. • Likeallalkalimetals,lithiumis • highlyreactiveandflammable,andmustbestoredinvacuum,inertatmosphereorinertliquidsuchaspurifiedkeroseneormineraloil. • Electrolysisisusedtoseparatelithiummetalfromacombinationoflithiumchlorideandpotassiumchloride. manufacturing lithium-ionandalmostall batterieselectriccountry vehicles inthebatteries runon • importedmostlyfromChina. • ForcomplementingtheCentre'sefforttoincreasethecountry'sadoptionofelectricvehicles(EVs). • Togivefreshimpetustothegrowthofthelocalelectricvehicles(EV)industry. • Theindustry'smainincentiveplan,an18,000- • Uses: • Mostlithiumisusedtomakelithium-ionbatteriesforelectriccarsandmobiledevices. • InThermonuclearreactions. • Inceramicsandglass • It'sakeycomponentofthelithium-ionrechargeablebatteriesthatpowerelectriccars,computers,andcellphones. • croreproduction-linkedincentiveschemeforadvancedchemistrycell(ACC)batterystorage,hasbegun. • DiplomaticspatwithChina,havedwindledthesupplyoflithium.

  2. REASONFORDECLINEOFSUPPLYOFLITHIUM • DemandSupplyMismatch:Lithiumsupplyhasn'tkeptupwiththespikeindemandfromelectriccarmanufacturersallaroundtheglobe. • InflatedPrice:Imbalanceindemand-supplyinChinahasalsoresultedinpriceincreases. • WHEREISLITHIUMAVAILABLEFROM?

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