The recent announcement by India’s Geological Survey of India on its preliminary exploration of lithium reserves has excited many industries dependent on the scarce alkali metal. According to the Geological Survey of India, it has established “lithium inferred resources” – which are calculated based on a physical and chemical study of the surface and samples – along the Salal-Haimana area of Reasi district in Jammu and Kashmir. The news has given hope to manufacturers of lithium-based batteries, electric vehicles, solar equipment and other industries that are currently dependent on lithium imports from China and other countries. According to government data...