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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”.

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President of Mexico nationalizes lithium

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World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt. Oil and lithium belong to the nation, they belong to the people of Mexico, to you, to all those who live in this region of Sonora, to all Mexicans. —President Obrador The US Geological Survey USGS) ranks Mexico ninth globally for lithium resources, at 1.7Mt.

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Rio Tinto to invest USD 350 million in Argentina lithium project – ET Auto

Baua Electric

The company purchased the Rincon project from Rincon Mining in 2022 for USD 825 mn, and plans to develop a battery-grade lithium carbonate plant with an annual capacity of 3,000 tons. Rio Tinto said it is working with local communities and authorities to ensure environmental standards. Geological Survey, reaching 9,600 metric tons.

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KABIL Secures $24 Million Lithium Exploration Deal in Argentina | Autocar Professional

Baua Electric

In a move aimed at bolstering its lithium reserves and fostering the development of lithium mining and downstream sectors, India’s state-owned Khanij Bidesh India (KABIL) has inked a significant lithium exploration deal in Argentina. This includes initiatives in countries like Australia, Argentina, and Chile.

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BMW Group to source lithium from Livent

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Livent will supply the lithium directly to the BMW Group’s battery cell manufacturers from 2022 on. By sourcing lithium from a second supplier, we are securing requirements for production of our current fifth generation of battery cells. View of the salt lake Salar del Hombre Muerto in northern Argentina.

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Tesla battery supplier CATL plans to acquire lithium mining company in Canada

Teslarati

Tesla battery supplier Contemporary Amperex Technology (CATL) has set plans in motion to acquire Canada-based Millennial Lithium. The Canadian company has two lithium mining projects in Argentina. CATL has grown significantly over the last few years to become the world’s largest lithium-ion battery manufacturing company.

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

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High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. Identified lithium resources in Argentina are 9.8 million tons.

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