Iran discovers the world’s "second largest" lithium deposit

According to Iranian state television, Mohammad Hadi Ahmadi, an official from the Ministry of Industry, Mines and Trade of Iran, said recently that a huge lithium deposit was discovered for the first time in Hamadan Province in the west of the country. It is reported that the lithium ore reserves are nearly 8.5 million mt, second only to Chile in the world.

Ebrahim Ali Molabeigi, an official at Iran's Ministry of Industry, Mines and Trade, said investors were ready and the mine would start up within the next two years. Other lithium deposits are expected to be discovered in the province, he said.