Argentina expects $4.2 billion investment in lithium sector
2022-05-16 13:46:47 [Print]
Argentina expects to receive a $4.2 billion combined investment in its growing lithium market over the next five years, which would help the country double production in 2023 to reach 175,000 tonnes of the battery metal in 2025.
Argentina produced 33,000 tonnes of lithium in 2020 and projects it will reach 50,000 tonnes of the battery metal this year.
The nations' lithium portfolio includes 23 projects in various stages of development, including Ganfeng Lithium and Lithium Americas' under construction Caucharí-Olaroz. The project is expected to become Argentina's top producer with 40,000 tonnes of lithium carbonate equivalent (LCE) a year, starting in second half of 2022.
Argentina produced 33,000 tonnes of lithium in 2020 and projects it will reach 50,000 tonnes of the battery metal this year.
The nations' lithium portfolio includes 23 projects in various stages of development, including Ganfeng Lithium and Lithium Americas' under construction Caucharí-Olaroz. The project is expected to become Argentina's top producer with 40,000 tonnes of lithium carbonate equivalent (LCE) a year, starting in second half of 2022.
Lithium Carbonate 99.5%min Delivered EU
Unit:USD/kg
China lithium carbonate 99.5%mi producers' inventory statistics by province by month
Unit: mt
