16 Jan 2024 : PIB
PRESS INFORMATION BUREAU
16-January -2024
1.India Signs Agreement for Lithium Exploration & Mining Project in Argentina.
| Topic: GS2 – International Relations – Agreements involving India or affecting India’s interests. Strategic India-Argentina lithium deal by KABIL marks UPSC-relevant milestone, securing resources crucial for sustainable energy and economic development. |
| Context: |
|
Additional information on this news:
- On January 15, 2024, the Ministry of Mines, Government of India, achieved a significant milestone with the signing of an agreement between Khanij Bidesh India Limited (KABIL) and the state-owned enterprise of Catamarca province of Argentina.
- The agreement was signed in Catamarca, Argentina, and marked the first-ever lithium exploration and mining project by a Government Company of India.
- KABIL will be responsible for the exploration and development of five lithium brine blocks covering an area of about 15,703 hectares in the Catamarca province of Argentina.
- The project cost is approximately 200 crores, and KABIL is preparing to establish a branch office in Catamarca, Argentina.
- KABIL has obtained Exploration and Exclusivity Rights for the five blocks, allowing for evaluation, prospecting, and exploration.
- Upon the existence/discovery of lithium mineral, exploitation rights for commercial production will be granted.
- Argentina is part of the “Lithium Triangle” along with Chile and Bolivia, holding more than half of the world’s total lithium resources.
- It is the 2nd largest in lithium resources, 3rd largest in lithium reserves, and 4th largest in lithium production globally.
- The strategic move strengthens bilateral ties between India and Argentina and contributes to the sustainable development of the mining sector. It ensures a resilient and diversified supply chain for critical and strategic minerals essential for various industries.
| Importance of Lithium in Modern Economy |
|
| Practice Question: Critically analyze the strategic importance of Lithium for India’s energy security and economic development, outlining both opportunities and challenges. (250 words/15 m) |
For Enquiry
16 Jan 2024 : PIB
15 Jan 2024 : Daily Quiz
15 Jan 2024 : Daily Answer Writing
13 Jan 2024 : Daily Answer Writing
15 Jan 2024 : Indian Express
15 Jan 2024 : Daily Current Affairs
15 January 2024 : The Hindu Editorial Notes PDF
15 Jan 2024 : PIB
13 Jan 2024 : Daily Quiz
13 January 2024 : The Hindu Editorial Notes PDF
Jan 2024 PIB 16 Jan 2024 : PIB PRESS INFORMATION BUREAU
16-January -2024
1.India Signs Agreement for Lithium Exploration & Mining…
Daily Quiz 15 Jan 2024 : Daily Quiz 15 Jan 2024 : Daily Quiz…
mains answer writing 15 Jan 2024 : Daily Answer Writing Mains Answer Writing
15-January-2024
Q1) Examine the influence of regional factors and local traditions…
mains answer writing 13 Jan 2024 : Daily Answer Writing Mains Answer Writing
13-January-2024
Q1) Analyze the roots and manifestations of regionalism in India….
Indian Express 15 Jan 2024 : Indian Express Indian Express
15- January-2023
1. Towards a pragmatic future
Topic: GS3 – Environment- Renewable…
Daily Current Affairs 15 Jan 2024 : Daily Current Affairs Daily Current Affairs
15 -January-2024
1. Last of Mizoram’s Bru refugees to settle down in Tripura.
Topic:…
Jan 2024 The Hindu 15 January 2024 : The Hindu Editorial Notes PDF The Hindu Editorial
15-January-2024
1. The delusion of eliminating ‘the last terrorist’.
Topic:…
Jan 2024 PIB 15 Jan 2024 : PIB PRESS INFORMATION BUREAU
15-January -2024
1. 30 crore Ayushman Cards created under Ayushman Bharat Pradhan…
Daily Quiz 13 Jan 2024 : Daily Quiz 13 Jan 2024 : Daily Quiz…
Jan 2024 The Hindu 13 January 2024 : The Hindu Editorial Notes PDF The Hindu Editorial
13-January-2024
1. A case diary for the Indian police
Topic: GS2 – Governance –…
