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Leading industrialist <keyword id="46425" type="General" weightage="80" keywordseo="anand-mahindra" source="Orion">Anand Mahindra</keyword> on Tuesday hailed the discovery of <keyword id="632767" type="General" weightage="100" keywordseo="lithium" source="Orion">lithium</keyword> reserves in Rajasthan and called for quickly stepping up to install refining capacity of the crucial mineral in the country. In a tweet, he noted that China already has a lead when it comes to refining capacity. "Finally. We have sizeable reserves of a natural resource critical for growth in the 21st century. A signal that India has an 'electrifying future.' But the key element in the supply chain is refining, not reserves, where China has a huge lead. We need to step up quickly to install that capacity," <keyword id="45224" type="General" weightage="80" keywordseo="mahindra" source="Orion">Mahindra</keyword> tweeted. According to various reports, the <keyword id="6395354" type="General" weightage="50" keywordseo="geological-survey-of-india" source="Orion">Geological Survey of India</keyword> (GSI) has found another reserve of lithium in <keyword id="5620088" type="General" weightage="20" keywordseo="degana" source="Orion">Degana</keyword> in Rajasthan's Nagaur district. Lithium is primarily used to produce rechargeable batteries, especially those used in electric vehicles and portable electronic devices, among others. Earlier, lithium reserves were also found in Jammu and Kashmir. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/banks/news/rise-in-premium-amount-for-life-insurance-biggest-concern-for-consumers-hansa-research/articleshow/100098587.cms">Rise in premium amount for life insurance biggest concern for consumers: Hansa Research</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/defense/news/rafale-joins-the-list-of-fighter-planes-in-the-iaf-alongside-sukhoi-mirage-mig-and-others/slidelist/100098542.cms">Rafale joins the list of fighter planes in the IAF, alongside Mirage, MiG and others</a>

Need to step up quickly to install refining capacity: Anand Mahindra on lithium reserves discovery in Rajasthan

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Need to step up quickly to install refining capacity: Anand Mahindra on lithium reserves discovery in Rajasthan

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