Argentina Eyeing Lithium Superpower Status Amid Battery Boom  

Posted by Big Gav in , , ,

Bloomberg has a report on Argentina's hopes to dramatically expand lithium production - Argentina Eyeing Lithium Superpower Status Amid Battery Boom.

If all of the projects go ahead, Argentina’s annual output of the metal used in electric-vehicle batteries would surge to 165,000 metric tons, or about 45 percent of global supply, according to government projections. Prices will increase as much as 15 percent this year, Albemarle predicted last month. “Conservatively, Argentina will represent about half of global lithium production by 2020,”

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