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POSCO to invest $830M in lithium hydroxide plant in Argentina

Green Car Congress

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. POSCO bought lithium mining rights in Argentina from Australian lithium miner Galaxy Resources for $280 million in 2018. POSCO developed an extraction technology for lithium in 2010. million tons of lithium reserves.

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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. In 2018, POSCO Holdings acquired a package of tenements from Galaxy Resources in the Salar de Hombre Muerto in Argentina in order to secure lithium preemptively.

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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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(b) Region-specific/vehicle-specific/battery-specific cumulative (from 2010 to 2050) demand for critical metals and the cumulative potential secondary production from recycling. (c) NMC/NCA scenario illustrates that the market share of NMC/NCA will increase to 100% by 2050.

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

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GlobalData: Global lithium production to triple over the next four years

Green Car Congress

After moderate growth in lithium supply between 2010 and 2017 of 6.4% Currently, the highest production is in Australia with 18.3kt, followed by Chile and Argentina with 14.1kt and 5.5kt respectively. It will be followed by Argentina with 29%, Canada with 16%, Chile with 9%, the US with 6%, and Mexico with 4%. million tons.

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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. The 2010 Agile. The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. Click to enlarge.

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BYD the recommended company for Argentinian tender for 50 electric buses

Green Car Congress

BYD has been officially selected as the recommended company by the evaluation committee in Argentina for the purchase of 50 electric buses on behalf of the Ministry of Environment. BYD begun the promotion of its technologies in Argentina in 2011 through its local subsidiary, especially those related to electric vehicles and public transport.

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