Argentina: Lithium Boom

It is estimated that up to USD1000 millions of investments will arrive in Jujuy (North province of Argentina). Macri and the governor Gerardo Morales launched a plan to fivefold increase the production of lithium and to install the first fabric for lithium batteries in the province of Jujuy.

The article describes where this investment will come from and to which specific plants will be designated.

Also, it explains the capacity this sector has to developed alternative energies, not only lithium, also solar energy. This one has received an investment of USD 390 millions from two Chinese companies.

Source: El Cronista, Argentinean Newspaper

Click here for full article (in Spanish).

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