Eramine Sudamerica is set to inaugurate its first lithium carbonate plant in the northern Argentine province of Salta this July, setting it on track to become the South American country’s fourth producer of the key battery metal.The group, owned by French miner Eramet and Chinese steelmaker Tsingshan, expects to produce some 3,000 tons this year and ramp up to some 24,000 tons by 2025. Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China.
May 6, 2024
SOURCE: YAHOO FINANCE
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