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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

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EIA: New import duties drove biomass-based diesel imports down in 2017

Green Car Congress

million barrels in 2017, a 36% decrease from 2016, according to the US Energy Information Administration (EIA). New US contracts for biodiesel from Argentina slowed upon announcement of DOC anti-dumping and countervailing investigations in March 2017. million barrels in 2017, a 44% decrease from 2016 levels.

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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

So far, lithium has been the hottest metal of 2016, beating out gold, with exponential demand expected over the coming years. Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth. Automotive Thrust.

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From 2016-2019, > 90% of lithium imported to US came from Argentina and Chile

Green Car Congress

From 2016-2019, more than 90% of the lithium imported to the United States came from Argentina (55%) and Chile (36%). Although use of these minerals is not restricted to battery production for EVs, they are nonetheless important for meeting the increasing demand for EV production.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

“The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. —Nigel Griffiths, chief automotive economist, IHS Automotive.

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Oversold Lithium could be about to rally

Green Car Congress

It’s important to remember that prior to the crash, lithium had enjoyed a meteoric rise with prices doubling since the beginning of 2016 and nearly quadrupling over the past decade. The company’s Salar de Olaroz project in Argentina took seven years to hit its stride but still came up short of production targets.

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