Iran’s lithium discovery is estimated to be the second largest in the world. Photo/Mining Technology/Shutterstock
JAKARTA – Iran’s lithium, which was recently discovered in large quantities, has stolen the world’s attention. How could it not be, lithium has now been dubbed the “new oil” which plays an important role in the production and sustainability of electric vehicles.
It is predicted that the discovery of lithium in Iran will pave the way for the country to gain unrivaled geopolitical and economic benefits.
In fact, the discovery of lithium in Iran raised fears among competing countries, especially Israel and the West, towards this Muslim-majority country.
Here are some shocking facts about Iranian lithium.
Facts about Lithium Found in Iran
1. Found in Hamedan
The lithium field is in Hamedan. The region is one of Iran’s provinces located in the mountainous western part of the country.
The discovery in Hamedan was surprising because it was the first time that a country in the Middle East had a large source of lithium reserves.
2. Second Largest Lithium Farm in the World
According to the Finance Tribune website, the lithium field in western Hamedan Province is estimated to be the second largest in the world after deposits in Chile.
Iran’s lithium fields are estimated to have 8.5 million tons of lithium. This would give Iran control of 10% of the world’s known lithium reserves of 89 million tonnes.