Huge Lithium Deposit in Found in Iran

The location of a newly-found lithium deposit in western Iran

The Iranian authorities say they found the world’s second-largest deposit of lithium in the mountainous province of Hamedan.

At an estimated 8.5 million tons, the Hamedan lithium haul would be second only to Chile’s estimated 9.2 million ton deposit. It could position Iran as a significant player in the global competition for battery minerals between China and the United States. (CNBC)

by Cobus van Staden

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