Thailand is believed to be sitting on an extensive treasure trove of mineral resources, valued at a staggering US$1.20 quadrillion (44.41 quadrillion baht), according to a recent revelation by the Mineral Resources Department.
Pichit Sombatmak, the department’s director-general, unveiled that around 30 trillion tonnes of minerals are dispersed across 60 million rai (9.6 million hectares) of the country. These minerals, if exploited, could kickstart new industries and significantly bolster the economy.
Among these resources, rare minerals like lithium and quartz are particularly noteworthy. These can be harnessed in producing solar panels, electric vehicle (EV) battery cells, and electricity storage systems, key components in the growing renewable energy sector. Quartz, for instance, is vital in manufacturing high-efficiency solar panels.
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