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With the government reducing the scale of its discovery, Thailand has retracted its declaration from last week that it had discovered millions of tonnes of lithium resources. In two locations in the southern province of Phang Nga, Bangkok declared that it had discovered around 15 tonnes of lithium deposits, placing its reserves third globally.
However, according to deputy government spokeswoman Rudklao Intawong Suwankiri, officials had instead found 14.8 million tonnes of mineral resources, including lepidolite. Lithium is commonly found in minerals such as lepidolite. A government statement shared on Facebook over the weekend stated that "lithium oxide is about 0.45 percent" in this mineral resource.
"However, this quantity of lithium can be used to produce 50 kWh batteries for around one million electric vehicles", Rudklao said. Lithium is a key component in the manufacture of batteries used in electric cars, as well as smartphones and other electronics. The government of Prime Minister Srettha Thavisin, which took over in August, has made it a priority to try and boost Thailand as a regional production hub for electric vehicles, building on the kingdom's history of assembling conventional cars.
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