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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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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%). Although use of these minerals is not restricted to battery production for EVs, they are nonetheless important for meeting the increasing demand for EV production.

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POSCO to invest $830M in lithium hydroxide plant in Argentina

Green Car Congress

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. POSCO bought lithium mining rights in Argentina from Australian lithium miner Galaxy Resources for $280 million in 2018. The plant will be constructed by the first half of 2024. Initially, POSCO estimated that the site had 2.2

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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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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

Green Car Congress

China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. Volume produced will be marketed by each shareholder based on their respective shareholding in the project. Background.

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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.