• About   |
  • Submit Guest Post |
  • Contact Us
No Result
View All Result
The Second Angle (TSA Magazine)
Advertise
  • Infotainment
    • Sports
    • People
    • Inspiring
  • Entertainment
    • Lifestyle
    • Home & Decoration
  • Buzz
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology
The Second Angle
No Result
View All Result
  • Infotainment
  • Entertainment
  • Buzz
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology
Advertisement
ADVERTISEMENT
Home Economy

The New ‘Gold Rush’ of Lithium , rare mineral found in England

world's highest lithium percentages in geothermal waters has been verified near the Wheal Clifford in Cornwall, England

by TSA Desk
April 22, 2022
in Economy
Reading Time: 2 mins read
The New ‘Gold Rush’ of Lithium , rare mineral found in England
Share on FacebookShare on WhatsApp
Advertisement Advertisement Advertisement
ADVERTISEMENT

The presence of some of the world’s highest lithium percentages in geothermal waters has been verified near the Wheal Clifford in Cornwall, England. Lithium’s commercial application in the twenty-first century is unmistakable. It’s not only in smartphones and laptops anymore; it’s also in the batteries that power electric vehicles and store energy so that renewable energy can be supplied consistently and dependably.

This mineral has a colourful discovery narrative, to say the least. According to the Royal Society of Chemistry, the mineral petalite was found on the Swedish island of Utö in the 1790s by Jozé Bonifácio de Andrada e Silva, a Brazilian naturalist. The mineral is white to grey in colour, but when heated, it turns vivid scarlet.

Table of Contents
  • The name, lithium, is derived from "lithos," the Greek word for "stone."

The name, lithium, is derived from “lithos,” the Greek word for “stone.”

In recent years, demand has risen as carmakers shift to electric vehicles, and numerous nations, including the United Kingdom, Sweden, the Netherlands, France, Norway, and Canada, have announced plans to phase out combustion-engine automobiles. According to the World Bank, five times more lithium than is now mined will be required to satisfy global climate targets by 2050.

The New 'Gold Rush' of Lithium , rare mineral found in England
image source: mining

According to studies released in March this year, the region’s lithium carbonate production may reach more than 600,000 tonnes per year, generating US$7.2 billion (£5.3 billion) per year at roughly US$12,000 (£8,885) per tonne.

RelatedPosts

What are the Different Types of Small Business Loans?

What are the Different Types of Small Business Loans?

Everything You Need to Know about Banglarbhumi West Bengal

Everything You Need to Know about Banglarbhumi West Bengal

Overall, it will be a few years before zero-emission batteries are used to power vehicles or other electronics. However, if zero-carbon lithium catches on as expected, it might become a classic case of a mineral important for sustainable energy that is obtained in a sustainable manner.

 

Also read: Indian Economic Growth Likely To Touch 10.1 Percent In 2021-22: NCAER

ShareSendTweet
Previous Post

EPA’s $5 million plan to fund environmental justice initiatives

Next Post

Government Proceeds With The Plan To Amend The Indian Forest Act of 1927

Related Posts

What are the Different Types of Small Business Loans?
Economy

What are the Different Types of Small Business Loans?

choosing the right type of small Business Loan that is affordable and fulfils the funding requirement adequately is imperative. Here...

Read moreDetails
Everything You Need to Know about Banglarbhumi West Bengal
Economy

Everything You Need to Know about Banglarbhumi West Bengal

With the launch of Banglarbhumi, an online portal of West Bengal's land and property records department, citizens can now easily...

Read moreDetails
Some governments believe that it should be banned altogether, while others think that it should be regulated in the same way as traditional currency. So far, no country has come up with a perfect solution, and the future of cryptocurrency is still uncertain.
Business

Governments Struggle to Balance Cryptocurrency Regulation: How Will It Impact the Future of Digital Currency?

Some governments believe that it should be banned altogether, while others think that it should be regulated in the same...

Read moreDetails
The Rupee Hit An All-Time Low Against The US Dollar | How Does It Impact You? | Is It A Bad Thing?
Explainers

The Rupee Hit An All-Time Low Against The US Dollar | How Does It Impact You? | Is It A Bad Thing?

The rupee fell 51 paise to an all-time low of 77.41, breaking the previous low of 76.98 set in March.

Read moreDetails
What is Supply Shock Inflation, and Why Should you Care About it?
Explainers

What is Supply Shock Inflation, and Why Should you Care About it?

The rising inflation is a result of too many supply chain disruptions over the last two years, caused first by...

Read moreDetails
Price rises and inflation in India: What to expect in the future months, from food products to edible oil rates?
Economy

Price rises and inflation in India: What to expect in the future months, from food products to edible oil rates?

While oil marketing organizations have raised the cost of fuel and diesel by roughly Rs 10 per litre in the...

Read moreDetails
Load More
Next Post
Government Proceeds With The Plan To Amend The Indian Forest Act of 1927

Government Proceeds With The Plan To Amend The Indian Forest Act of 1927

Important Links

  • About
  • Guest Post
  • Privacy Policy
  • Terms
  • Contact Us
  • Newsletter

© 2017-23. The Second Angle. All Rights Reserved. Developed and Managed by SquareBase.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Infotainment
    • Sports
    • People
    • Inspiring
  • Entertainment
    • Lifestyle
    • Home & Decoration
  • Buzz
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology

© 2017-23. The Second Angle. All Rights Reserved. Developed and Managed by SquareBase.io

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.