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  • Ganfeng Lithium's phase 2 salt lake project shortlisted for RIGI

    2026-05-22 16:20:31   [Print]
    Ganfeng Lithium Group Co.Asian Metal Copyright Combined with the inherent low-cost edge of salt lake lithium extraction, the project will gain stronger market competitiveness.Asian Metal Copyright, Ltd.Asian Metal Copyright The approved Phase 2 project is planned to hit an annual capacity of 45,000t LCE, adopting advanced and eco-friendly direct lithium extraction technology.Asian Metal Copyright's Phase 2 Cauchari-Olaroz salt lake project in Argentina has been officially included in Argentina's national Incentive Regime for Large Investments (RIGI), becoming the first major lithium resource project led by a Chinese enterprise under the program.

    Launched by President Milei's administration in 2024, RIGI serves as a key economic reform initiative. It offers a package of preferential rights to draw strategic large-scale investments, covering eight major sectors including mining and energy.

    Located in Jujuy Province in northwestern Argentina, the Phase 1 project commenced operation in 2023 with a designed annual capacity of 40,000t LCE. It churned out 34,100t of lithium carbonate in 2025.Asian Metal CopyrightGanfeng Lithium Group Co.Asian Metal Copyright The approved Phase 2 project is planned to hit an annual capacity of 45,000t LCE, adopting advanced and eco-friendly direct lithium extraction technology.Asian Metal Copyright's Phase 2 Cauchari-Olaroz salt lake project in Argentina has been officially included in Argentina's national Incentive Regime for Large Investments RIGI, becoming the first major lithium resource project led by a Chinese enterprise under the program.Asian Metal Copyright The expansion will greatly lift the company's self-sufficiency rate of lithium resources.Asian Metal Copyright Located in Jujuy Province in northwestern Argentina, the Phase 1 project commenced operation in 2023 with a designed annual capacity of 40,000t LCE.Asian Metal Copyright Meanwhile, tax, tariff and foreign exchange incentives under RIGI will substantially cut operational costs.Asian Metal Copyright The approved Phase 2 project is planned to hit an annual capacity of 45,000t LCE, adopting advanced and eco-friendly direct lithium extraction technology.Asian Metal Copyright Combined with the inherent low-cost edge of salt lake lithium extraction, the project will gain stronger market competitiveness.
    .Asian Metal Copyright Combined with the inherent low-cost edge of salt lake lithium extraction, the project will gain stronger market competitivenessAsian Metal Copyright
    Lithium Carbonate 99.5%min Delivered China
    Unit:RMB/mt
    Lithium Carbonate 99.5%min Delivered China RMB/mt
    China lithium carbonate 99%min producers' sales to production ratio statistics by province by month
    Unit: %
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