Two major lithium deposits discovered in Phang-nga province

[webfact]

Deputy Government Spokesperson Radklao Inthawong Suwankiri

Two rich lithium deposits have been found in Phang-nga province, with potential for use in the production lithium-ion batteries for electric vehicles, Deputy Government Spokesperson Radklao Inthawong Suwankiri said today.

 

Citing the information from the Department of Primary Industries and Mines, she said that the deposits have been found in two places, Ruangkiet and Bang E-thum, in Phang-nga province. They are estimated to contain about 14.8 billion tonnes of lithium, potentially making Thailand the world’s third largest source of the element, after Bolivia and Argentina.

 

In addition to lithium, large sodium deposits have been found the north-eastern region, she said, adding that the discovery of major deposits of the two natural elements, which are necessary for the production of lithium-ion and sodium-ion batteries, will help to boost Thailand’s competitiveness in the production of EVs and batteries and will reduce its dependence on imports.

 

Global demand for lithium is estimated to double next year and up to over than two million tonnes in 2030, said Radklao.

 

Full story: Thai PBS 2024-01-19

 

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[hotchilli]

5 hours ago, webfact said:

Two rich lithium deposits have been found in Phang-nga province, with potential for use in the production lithium-ion batteries for electric vehicles, Deputy Government Spokesperson Radklao Inthawong Suwankiri said today

Going green.... dig up the planet???

 

[timendres]

And there goes Phang-nga...

[redwhiteandblue]

It's 14.8 million tons (not billion).  

 

Don't these clowns check anything before posting/quoting/copying their info. 

 

14.8 billion tons would be equivalent to 2,500+ pyramids (the big one).

 

Critical thinking really doesn't exist in Thailand does it?

[sikishrory]

I was thinking this for awhile. Cornwalls ruinous tin mines are being revived since they started mining them for Lithium.

Guess where else has a inactive tin mine and could do with another industry apart from total reliance on tourism.

[BenStark]

5 hours ago, webfact said:

They are estimated to contain about 14.8 billion tonnes of lithium, potentially making Thailand the world’s third largest source of the element,

 

Only a matter of weeks before Thailand is declared the world's lithium hub.

 

But I think we should take note of the word "estimated".

[ezzra]

38 minutes ago, hotchilli said:

Going green.... dig up the planet???

 

This world's insatiable appetite for more lithium operated gadgets and equipment will continue the search for this

precious commodity..

[Chris BKK]

Lithium prices have dived by up to 80% in recent times. A large mine in Australia has just shut down and another project making Lithium Hydroxide has ceased expansion in Western Australia, which is the largest producer of lithium minerals. It would take a miracle for this project to advance given a lack of attractive mining rules in Thailand. It is not just the mining but the processing of lithium ores into materials such as lithium hydroxide and lithium carbonate used in electric batteries.

[klauskunkel]

6 hours ago, webfact said:

They are estimated to contain about 14.8 billion tonnes of lithium

The Nation begs to differ, dear Spokeslady:

 

THURSDAY, JANUARY 18, 2024
The Industry Ministry has affirmed that two large prospective mineral sites in Phang Nga province could produce up to 14.8 million tonnes of lithium, which would support Thailand’s goal to become an EV hub of the region.

[Iron Tongue]

Lithium mines need water and leaching fields.  More poisons for Thailand.

 

 

[FritsSikkink]

Where do they get Bolivia from?

Lithium global reserves top countries 2022 | Statista

[Srikcir]

7 hours ago, webfact said:

They are estimated to contain about 14.8 billion tonnes of lithium, potentially making Thailand the world’s third largest source of the element, after Bolivia and Argentina.

Not 14.8 billion but million.

Nov. 2020:

Bolivia @ 21 million tons

Argentina @ 17 million tons

https://www.nsenergybusiness.com

 

[john donson]

will they distribute the new wealth for the population or just the regular billionaires  and pollution if for the populas

[rovinman]

4 hours ago, hotchilli said:

Going green.... dig up the planet???

 

 

They're just turning over the soil  !
They'll put it back afterwards, won't they  ?

[xtrnuno41]

Bye bye, Phang-nga

Bye bye, Phang-nga

Instantly popped up on Chuck's song

How much ton of ground they have to dig up for 1 gram of Li?

Or inject (clean) water in soil? Pumps working then 20000 ltr/sec !

Green world and profit dont go in the same direction, never.

 

[Caldera]

Congrats Thailand, now every Thai will be rich. ;)

[Stocky]

On 1/19/2024 at 1:23 AM, webfact said:

Department of Primary Industries and Mines,

They wouldn't know their arse from their elbow. A few years back they put out some nonsense about Thailand's huge gold mineral resources. It's all pie in the sky. Even if Thailand had a mining culture, with clear laws on licencing and security of tenure, the gap between something being simply prospective, to a bankable resource, and then an actual mine is five to ten years given fair winds. The debacle with the Junta and Kingsgate Mining/Chatree Gold did nothing to instil confidence in foreign companies and investors considering Thailand as target for exploration and mining.

 

There's a next to zero chance of any lithium mining in Phang-nga.

[Rhys]

Sad what could happen to that lovely place...

 

[still kicking]

So Australia does not get mentioned go back to school.

Top ten biggest lithium mines in the world based on reserves (mining-technology.com)