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

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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”. MOBI, which closed the largest seed round for a startup in Bolivia at $1.38 EnergyX was created in 2018 by entrepreneur Teague Egan.

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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

Global miner Rio Tinto will invest USD 350 million at its Rincon lithium plant in Argentina as it works to begin production by the end of the year, the company said this week following Chief Executive Jakob Stausholm ‘s visit to the site.

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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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Now, the company is broadening its supplier base and additionally sourcing lithium from Argentina, where the raw material is obtained from brine from salt lakes. View of the salt lake Salar del Hombre Muerto in northern Argentina. In this way, the company creates complete transparency over the origin and mining methods of the material.

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India enters Argentina’s lithium market with INR 200 cr investment, eyes on rich lithium reserves – ET Auto

Baua Electric

Argentina is part of the “Lithium Triangle” along with Chile and Bolivia with more than half of the world’s total lithium resources and having the distinction of having 2nd largest lithium resources. The signing took place in Catamarca, Argentina, in the presence of Catamarca’s Governor Lic.

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

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Currently, the highest production is in Australia with 18.3kt, followed by Chile and Argentina with 14.1kt and 5.5kt respectively. Three spodumene operations in Australia and two brine operations each in Argentina and Chile accounted for the majority of world lithium production in 2017, according to the US Geological Survey (USGS).

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