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GSI’s PROJECT ON LITHIUM EXPLORATION

GSI’s PROJECT ON LITHIUM EXPLORATION

Context

Geological Survey of India (GSI), under the government’s energy security plans, has initiated seven lithium exploration projects in the states of Jharkhand, Chhattisgarh, Andhra Pradesh, Arunachal Pradesh, Rajasthan and Jammu & Kashmir.

Key Steps Taken So Far:

  • On 28th July 2021, the Atomic Minerals Directorate for Exploration and Research (AMDER) under Department Atomic Energy (DAE) undertook lithium exploration in Rajasthan and Karnataka.
  • The government of India (GOI) has announced an Rs 18,100 crore production-linked incentive (PLI) scheme with the aim of making lithium-ion cells to promote e-mobility in the country.

India and Lithium:

  • India lacks lithium reserves for the manufacturing of lithium-ion batteries and other usages.
  • Most lithium batteries are imported in India.
  • India needs to secure lithium supplies and doing so will boost the Indian energy sectors towards the green economy of the country.

Khanij Bidesh India Ltd (KABIL):

  • It is a joint venture firm of Hindustan Copper Ltd, National Aluminium Company Ltd and Mineral Exploration Company Ltd.
  • It is scouting for lithium and cobalt mines overseas with the aim of acquiring them.
  • JV KABIL has signed non-binding MoUs with YPF, JEMSE and CAMYEN which are owned by Argentina.

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