Iran said it has discovered huge deposits of Lithium, a key component for batteries of electric vehicles and modern electronic devices. “For the first time in Iran, a lithium reserve has been discovered in Hamedan,” Iran’s state television quoted Mohammad Hadi, a ministry of industry official, as saying. The reserve is believed to hold 8.5 million tons of lithium, according to the director-general of the ministry’s operating department Ebrahim Ali Molabeigi.