Argentina is poised to significantly increase its lithium production capacity in the coming months, with several new projects set to start producing. This expansion is expected to boost the country's national capacity by 79%. For nearly a decade, Argentina has seen only one new lithium mine come online despite substantial investments in its vast lithium deposits. This surge in production comes as global demand for lithium rises, driven by the transition to electric vehicles and renewable energy. Major oil companies like ExxonMobil are also investing in lithium, recognizing its growing importance in the energy transition.
Big oil’s enthusiasm for lithium makes sense. Demand for the stuff is likely to rise as more of the world’s machines go electric, and the firms already have expertise that is useful in metal mining https://t.co/1R9zmxibd4 👇
World-class mineral deposits can unlock billions in wealth, boost the economy, and enhance national security by strengthening domestic supply. Sadly, The majority only realize the importance of minerals after they stare down a shortage. Look at the upcoming deficits…
For all the money that’s poured into Argentina’s giant lithium deposits, the country has seen just one new mine come on stream in almost a decade. That’s about to change. | @News24_Business https://t.co/3mMRWXhPOd
In the sprawling, lithium-rich expanses of Nevada, the Biden administration is pushing for a mining boom that it hopes will boost the country’s energy security, FP’s @christinafei reports. https://t.co/cs1yvRzLLZ
Forcing DEI nonsense into the harsh & dangerous mining industry when it’s already struggling to maintain/recruit workers is unsound policy. The West’s need for reliable access to metals & minerals will only increase as global trade continues to splinter in the multipolar world.… https://t.co/5YM80mJpPr https://t.co/lCYKwtvtoq
For all the money that’s poured into Argentina’s giant lithium deposits, the country has seen just one new mine come on stream in almost a decade. That’s about to change, @jongilbert9 @jamesattwood reports https://t.co/2JWcFGvcdy
BP and Shell, two British oil giants, have long sunk cash into solar and wind farms. Now ExxonMobil, an American firm unapologetically wedded to the black stuff, is placing an indirect bet on the energy transition—and on lithium, specifically https://t.co/NEiDHh0XHM 👇
#Argentina Is About to Unleash a Wave of Lithium in a Global Glut Several projects poised to start producing in coming months New operations are set to push up national capacity by 79% https://t.co/QNxl15RxVj