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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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ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

Green Car Congress

ADEME, France’s Environment and Energy Management Agency, carried out a study with IFP Energies nouvelles (IFPEN) on the dynamics of lithium supply and demand, based on different scenarios for the electrification of the global car fleet by 2050. Further, vulnerabilities could emerge from increased competition among lithium buyers.

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JordProxa and Zelandez partner to boost lithium carbonate supply – Charged EVs

Baua Electric

Modular industrial plant design company JordProxa, headquartered in Australia, and lithium brinefield technology provider Zelandez, based in Argentina, have signed a partnership to rapidly increase the supply of lithium from North and South American lithium brine mining companies.

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International Lithium Association (ILiA) established to be the voice of the global lithium industry

Green Car Congress

The world has entered the “lithium century” almost without noticing it, but until now this critical industry lacked a central voice. The Association will include Members from the entire supply chain: from resource to the end-users. —Anand Sheth. ppm Li (0.0018%).

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Rio Tinto to acquire Rincon Mining lithium project for $825M

Green Car Congress

Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining , a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The project is a long-life, scaleable resource capable of producing battery-grade lithium carbonate.

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Roskill: COVID-19 could wipe out US$1.0B of lithium supply in 2020

Green Car Congress

However, production losses in Argentina are likely to be approximately 35% in 2020, as already delayed expansion plans become delayed further, Roskill said. Roskill anticipates 2020 production losses in Chile to be kept below 20%.

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