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Iran Discovers World’s Second Largest Lithium Reserve

March 3rd, 2023

Via: The Cradle:

The Islamic Republic of Iran discovered one of the world’s largest lithium reserves, according to a report published by Press TV on 27 February.

According to a senior official of the Iranian Ministry of Industry, Mine, and Trade (MIMT), the lithium deposits could contain some 8.5 million metric tons (MT) ready for extraction, which would make it one of the largest global discoveries.

Currently, Chile is the second biggest producer of lithium in 2022, with around 39,000 MT. The country’s reserves are the largest in the world, with 9.3 million MT. Until now, the second largest reserves were said to be in Australia, with 3.8 MT.

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