Lithium production in Argentina rose 56.7 percent in July 2024 compared with the same month last year. Investment in lithium projects continues in Argentina, most recently with the news that South Korean company Posco will invest US$2 billion in the Hombre Muerto salt flat, located in the northern province of Salta.French company Eramine Sudamérica, in partnership with Chinese Tsingshan, will soon open the first lithium mine in the Centenario-Ratones salt flat and is planning a second facility with an additional investment of US$800 million. Chinese company Ganfeng, a leader in battery production, is also sizing up a US$1-billion investment for its Mariana project in the Llullaillaco salt flat.
September 10, 2024
SOURCE: BUENOS AIRES TIMES
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Argentina bullish on lithium amid increase in production