Large reserves of the «metal of the future» have been discovered in Asia

Significant lithium reserves have been discovered in Thailand, estimated at 14.8 million tons. The discovery was made in Phang Nga province.

Lithium is an important metal used in the manufacture of batteries for electric vehicles. 

If these data are confirmed, Thailand will become the third largest country in the world in terms of lithium reserves, second only to Bolivia and Argentina. In addition to lithium, large reserves of sodium have also been found, which is used in the production of sodium-ion batteries.

These new deposits can make Thailand more competitive in the production of electric vehicles and batteries, as well as reduce the country's dependence on imports. This discovery has the potential to significantly impact the lithium and electric vehicle market.

It should be noted that Russia also has significant reserves of lithium, but the country is faced with a shortage of this metal due to the lack of its own production and the refusal of partners to supply it to the domestic market. If Russia manages to develop its own deposits, this will allow it to enter the top 5 global producers.