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    India must move quickly to secure its lithium resources 

    Without lithium security, and large cost-effective lithium refining capacities, India’s Li-Ion battery supply chain could end up lop-sided with an imbalance in supply and demand in the face of global protectionism

    Vivek Y Kelkar
    February 08, 2023 / 09:04 AM IST
    India must move quickly to secure its lithium resources 

    Representative image (Source: Shutterstock)

    Highlights Global demand for lithium is expected to reach over 3 million tonnes by 2030 China is now estimated to have direct or indirect control over nearly 30 percent of the world’s lithium resources China’s overall market share for Li-Ion batteries is estimated at nearly 70 percent The US and the EU are approaching the problem from a perspective of national security India’s lithium security effort must be a joint government-industry affair  Scratch a global supply chain these days and China oozes out. The country’s...

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