A newly discovered deposit of lithium oxide in the Himalayas, near Mount Everest, is said to be accessible and relatively easy to mine. Photo: Chinese Academy of Sciences
A newly discovered deposit of lithium oxide in the Himalayas, near Mount Everest, is said to be accessible and relatively easy to mine. Photo: Chinese Academy of Sciences

China lithium deposit discovered near Mount Everest may be boon in push to secure critical resource

  • Lithium is essential in electric vehicle batteries, and its value could increase 4,000 per cent by 2040 if global climate goals are met
  • Newly found lithium deposit could be China’s third-largest, and it appears to be of ‘industrial value’

A newly discovered deposit of lithium oxide in the Himalayas, near Mount Everest, is said to be accessible and relatively easy to mine. Photo: Chinese Academy of Sciences
A newly discovered deposit of lithium oxide in the Himalayas, near Mount Everest, is said to be accessible and relatively easy to mine. Photo: Chinese Academy of Sciences
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