Chinese company to explore lithium resources in Pakistan.

BEIJING -- In a move to better investigate and research lithium reserves in Pakistan, a strategic agreement was signed between the China-Pakistan Joint Research Centre on Earth Sciences and Tianqi Lithium Co. at an international conference on lithium battery industry held in Sichuan China, as per a statement by the China-Pakistan Joint Research Centre on Earth Sciences.

The strategic agreement says that both parties will collaborate on the research and application of lithium resources in Pakistan. Efforts will also go to personnel training and academic exchanges to develop joint research on lithium resources in the country, CEN reported.

Lithium reserves have emerged as an important source in the electronic vehicle (EV) industry around the world including Pakistan since the resources are the main raw material of EV battery, which takes up a sizeable portion of EV production cost.

According to Volza's lithium...