China Unveils Major Lithium Discovery
(MENAFN) On Tuesday, China made public the unearthing of substantial new lithium ore resources, amounting to 490 million tons, situated in the central region of Hunan Province.
The newfound reserve has been identified as an altered granite-type lithium source and is believed to possess approximately 1.31 million tons of lithium oxide.
It also contains other valuable elements such as rubidium, tungsten, and tin, according to a state-operated news agency.
This lithium deposit is specifically located in the Jijiaoshan mining zone within Linwu County, as noted by the outlet, referencing details from the provincial natural resources department.
Lithium plays an essential role in the production of smartphone batteries and other types of rechargeable power sources used in electronics, electric vehicles, and energy storage systems for power grids.
In January, China Geological Survey, operating under the Ministry of Natural Resources, reported that the country's lithium resources had increased to comprise 16.5 percent of the world's total.
This positions China as the second-largest holder of lithium reserves globally, following Australia.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
