Iran capable of supplying 20% of world’s lithium needs: MP

Iran is capable of supplying 20% of the world’s need for lithium, according to a lawmaker.

Ahmad Hossein Fallahi, the representative of the people of Hamedan in the Iranian Parliament, pointed out in a TV interview that a large lithium reserve has been recently discovered in Hamedan.

He said several countries requested to cooperate in extracting lithium from the reserve after the discovery.

“We can use this element in electric car batteries, and with this volume, we can supply 20% of the world’s lithium,” he explained.

“This mine creates an international capability for Iran, and the Ministry of Industry, Mine and Trade should have a detailed plan for it,” the lawmaker argued, adding that other countries are willing to invest in the mine despite the sanctions, because of the strategic nature of the reserve.

Iran announced the discovery of the Hamedan lithium reserve in February.

Ebrahimali Molabeigi, the head of the exploration department of the Ministry of Industry, Mine and Trade, said at the time that the reserve contains some 8.5 million metric tons of lithium ore, adding that more reserves are expected to be discovered in Hamedan.

News ID 195609


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