How many lithium projects are there in Argentina?

At present, Argentina has two lithium extraction projects, one in the northern province of Catamarca and another in neighboring Salta. Both operations are predicted to double production in 2024 and an additional 10 projects are currently under construction.

Who is Argentina Lithium & Energy Corp (lit -TSXV)?

One such company is Argentina Lithium & Energy Corp. [LIT -TSXV] a member of the Grosso Group, a resource management team that pioneered the mineral exploration industry in Argentina and has operated there since 1993, and where they have made four major mineral deposit discoveries, two of which are currently in production.

Can Argentina lithium earn a 100% interest in the Rincon West project?

Argentina Lithium currently has an option to earn a 100% interest in the Rincon West Project, which includes approximately 2,470 hectares of claims in a single mining concession located on the west side of the Rincon Salar in Salta Province, Argentina.

Is Arcadium lithium still produced in Argentina?

Arcadium Lithium, the firm that resulted from the merger between Livent and Allkem, two of the three companies that were already producing lithium in Argentina, accounts for 13% of global production. Output has quadrupled in the last ten years, but is still attributable to only a few countries and projects. Another Argentine Unicorn on the Horizon?

Where is lithium found in Argentine?

Argentina is situated in the so-called “lithium triangle,” alongside Bolivia and Chile, where more than 70% of the world’s lithium reserves lie beneath its salt flats. The northern Argentine provinces of Salta, Catamarca and Jujuy are where lithium operations from the incumbent and new developers are concentrated.

How much lithium will Argentina produce in 2040?

If Argentina manages to bring all of projects to production , the country would produce up to 1.5 million metric tons of lithium carbonate equivalent per year, exporting around US$30 billion. This scenario could be achieved by 2040, according to Dreizzen’s estimates.