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Stellantis makes $155M investment in McEwen Copper Argentina project

Green Car Congress

Stellantis announced a $155-million investment in a copper project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. Los Azules is an advanced-stage porphyry copper exploration project in the San Juan pro-mining province of Argentina. The company is acquiring a 14.2%

Argentina 307
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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. Earlier in 2021 year, POSCO broke ground on a lithium hydroxide plant in South Korea with an annual production capacity of 43,000 tons of lithium hydroxide—enough to manufacture about 1 million electric vehicles, according to POSCO.

Argentina 334
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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%.

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

Green Car Congress

Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. In addition, in the period to 2017 Roskill forecasts that the main market driver for lithium-ion batteries will gradually switch from portable consumer electronics to electric vehicles, especially hybrid variants. Source: Roskill. Click to enlarge.

Market 296
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Roskill: Chinese companies step up their pursuit of lithium resources

Green Car Congress

China is stepping up its pursuit of control of the lithium supply chain, underpinned by the rapid growth of its lithium-ion battery industry building on agressive policy surrounding electric vehicle sales, according to metals and mining consultancy Roskill.

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Cooperation between Daimler and Renault-Nissan Alliance deepening in 2016

Green Car Congress

Nissan and Daimler broke ground on the US$1-billion Aguascalientes, Mexico, plant in 2015, which will produce next-generation premium compact vehicles for Infiniti as of 2017 and for Mercedes-Benz starting in 2018. Construction will be completed in 2017, followed by preparation for pilot production of Infiniti vehicles.

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Roskill: predominance of lithium production shifting to mineral vs brine, driven by volume requirements of EVs

Green Car Congress

Brine resources have also grown, the result of significant investment in Argentina, the nation that has seen the greatest exploration activity of the three countries covering the lithium triangle in South America. As a result, in 2018 some two-thirds of lithium mine supply is expected to come from the mineral sector.