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Stellantis makes $155M investment in McEwen Copper Argentina project

Green Car Congress

Stellantis announced a $155-million investment in a copper project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. Los Azules is an advanced-stage porphyry copper exploration project in the San Juan pro-mining province of Argentina. The company is acquiring a 14.2%

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POSCO Holdings begins construction of $830M lithium plant in Argentina

Green Car Congress

Korea-based POSCO Holdings recently started construction of a lithium commercialization plant in Argentina. POSCO Group is the first to produce lithium hydroxide for batteries in Argentina throughout the entire process from the acquisition of mining rights to exploration, construction and operation of a production plant. Earlier post.)

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Lithium mining in Argentina poised to dominate the global market

Innovation News Network

Argentina Lithium & Energy Corp shares the exciting results from their 64,000 hectares lithium mining projects in Argentina. The post Lithium mining in Argentina poised to dominate the global market appeared first on Innovation News Network.

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From 2016-2019, > 90% of lithium imported to US came from Argentina and Chile

Green Car Congress

From 2016-2019, more than 90% of the lithium imported to the United States came from Argentina (55%) and Chile (36%). Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020.

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Elon Musk companies looking to invest in Argentina

Teslarati

Following a recent meeting with Argentine President Javier Milei, Tesla and SpaceX CEO Elon Musk noted that his companies are looking to invest in Argentina. Videos of the two leaders’ meetup were widely shared online, so it was no surprise that some social media users argued that Argentina is better than other South American countries.

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Bass Metals to acquire San Jorge lithium brine project in Argentina

Green Car Congress

Australia-based Bass Metals has signed a binding term sheet to acquire Blackearth SA which holds an option to acquire the san Jorge Lithium Project located in Catamarca province, Argentina. UBS is now forecasting an 11-fold increase to 2030 in the amount of lithium required, as well as a 7-fold increase in the amount of natural graphite.

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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. In 2018, POSCO Holdings acquired a package of tenements from Galaxy Resources in the Salar de Hombre Muerto in Argentina in order to secure lithium preemptively.

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