𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗧𝗿𝗶𝗮𝗻𝗴𝗹𝗲 :

▪️The intersection of Chile, Bolivia, and Northwest Argentina make up the region known as the Lithium Triangle.

▪️These three countries have taken very different approaches to exploit the Lithium which is also known as ‘𝗪𝗵𝗶𝘁𝗲 𝗚𝗼𝗹𝗱’.

▪️Almost 66 percent of the world’s lithium reserves are in South America. Due to high-altitude South American nations’ salt flats are the key suppliers of the metal, with vast deposits. 

▪️Bolivia has the largest deposits of the three countries of the lithium triangle, the production of this metal contributes only to a small extent to the country’s economy.

▪️Recently the discovery of Peru’s hard rock lithium has been attracting the consumers and giving a lucrative opportunity to EVs manufacturers.

▪️Chile- Atacama Desert, one of the aridest places in the world and therefore ideal for lithium extraction and storage (the metal is highly flammable and potentially explosive when exposed to water).

#PRELIMS #UPSC_Notes