Argentina lithium battery bms development

Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News. That will almost double production capacity in Argentina, whose growth potential has long lured the attention of battery makers around the world.

Argentina's lithium carbonate production capacity has already tripled in the last two years. Around 85 projects are currently at various stages of development in northwestern Argentina, ranging from basic exploration to infrastructure building.

These are some of the findings from a report prepared by the consulting firm Aleph Energy, led by Daniel Dreizzen, which analyzes the global lithium market while delving into Argentina in greater detail. These are the 41 companies of various characteristics that participate in the country's 64 projects.

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.

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. Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News.

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?