Argentina Current Affairs - 2020

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14,100 tonnes of the rare metal, Lithium Reserves found in India

The researchers at the India’s Atomic Energy Commission have found Lithium Reserves of 14,100 tonnes in Mandya. Mandya is 100 km away from Bengaluru, Karnataka. Being a very rare metal Lithium is mainly used in manufacturing batteries for electric vehicles.

Highlights

The reserves found is very little as compared to the world’s leading producers of Lithium. Of the major producers Chile produces 8.6 million tonnes, Australia produces 2.8 million tonnes and 1.7 million tonnes in Argentina.

India’s Scenario

Currently, India imports 1.2 billion USD worth lithium batteries (2019). This has increased significantly. In 2017, India imported 384 million USD worth lithium batteries.

Issues

Though India has very little reserves of Lithium and are spread in different places, they can be of significant use. But these reserves are not yet mapped. These reserves can be of good help to promote the clean-energy wave in India. GoI is on the path of implementing 1.4 billion USD plan to make India a manufacturing hub of electric vehicles.

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Rafael Grossi elected new Director General of IAEA

Rafael Mariano Grossi of Argentina has been appointed as the new Director General of International Atomic Energy Agency (IAEA), a United Nations’ nuclear watchdog. The Argentine diplomat will succeed late Yukiya Amano as the new chief of IAEA.

Key Highlights

The 58-year-old Gossi will be appointed for a term of four years and will assume office no later than 1 January 2020. He will be the sixth head of IAEA since it was founded more than six decades ago in 1957.

He will preside over the 2020 Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons at the UN headquarter in New York from April to May 2020.

About International Atomic Energy Agency (IAEA)

It is an international organization that promotes peaceful use of nuclear energy as well as inhibits the use of nuclear energy for any military purpose including nuclear weapons. It was established on 29 July 1957 with its headquarters in Vienna, Austria. It was created as an autonomous organisation through its own international treaty, the IAEA Statute. Even though IAEA is established independently of United Nations, it reports to both United Nations General Assembly (UNGA) and United Nations Security Council (UNSC). IAEA General Conference consists of representatives of all 171 Member States.

About Rafael Grossi

He is a nuclear and diplomatic veteran from Buenos Aires in Argentina. He chaired expert panels on UN Register of Conventional Arms in 1997 and 2000. He was the chief political coordinator at Argentine Foreign Ministry from 2007-10, before being named an ambassador to Belgium, while doubling as Argentine envoy to United Nations office in Geneva. He served as a diplomat for a decade before holding several senior positions within UN. He has been Argentina’s ambassador to Slovakia, Slovenia and Austria and permanent representative to international organisations in Vienna since 2013.

From 2002 to 2007, he headed the IAEA headquarters in Vienna (Austrian capital) and UN’s Organisation for Prohibition of Chemical Weapons (OPCW) in The Hague, Netherlands. In 2010, IAEA had appointed Grossi as its assistant director-general for a stint of three years. He also headed Nuclear Suppliers Group (NSG), which is a multinational export control regime, the Convention on Nuclear Security and was deputy to the head of OPCW between 2014 and 2016.

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