Iran to start exploiting newly-found lithium deposits in two yrs : official

Tehran: Iran will start extraction from its newly-discovered lithium ore deposits in two years, Iran’s IRIB news agency recently reported.

The two deposits in the western province of Hamedan contain 8.5 million tons of lithium ore, which took four years to prospect, the IRIB quoted Mohammad Hadi Ahmadi, the deputy head of Hamedan province’s industry, mine and trade organization, as saying.

The official added that someone had expressed readiness to invest in the extraction, which covers 11 square kilometers.

The discovery of the deposits was announced on Feb. 27 by Ebrahimali Molabeigi, director general of the exploration department of the Iranian ministry of industry, mine and trade.

Molabeigi added more lithium ore deposits are expected to be discovered in the same province.

Lithium is one of the key components in electric vehicle batteries.

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