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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.

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President of Mexico nationalizes lithium

Green Car Congress

Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. million tons of lithium carbonate equivalent, The capacity of phase I is expected to be 50,000 tons of lithium hydroxide. World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.

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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.

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India to send teams to Chile seeking lithium and copper assets, source says – ET Auto

Baua Electric

India will send two delegations next month to Chile to scout for lithium and copper resources, a government source said, as rapid economic expansion and New Delhi’s efforts to speed up the energy transition stoke demand for critical minerals. million) lithium exploration pact for five blocks in Argentina. USD 1 = 83.30

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Chile needs to finalize more lithium plan details to spur investment, miners say – ET Auto

Baua Electric

Chile in April will begin seeking proposals from private firms interested in extracting lithium, a key energy transition material used in electric vehicle batteries, from 26 salt flats not earmarked for state control, officials said on Tuesday. ” Chile’s Mining Ministry did not immediately respond to a request for comment.

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SQM and Lithium Americas announce joint venture to develop lithium project in Argentina

Green Car Congress

Sociedad Química y Minera de Chile S.A. LAC) are forming a 50/50 joint venture to develop the Caucharí-Olaroz lithium project in Argentina. The updated study will evaluate economic feasibility for a project with a nameplate production capacity of approximately 40,000 metric tons per year of lithium carbonate equivalent.

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

Green Car Congress

—Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. It’s mainly driven by the electric vehicle market penetration and battery technology development. Resources Chunbo Zhang et al.