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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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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

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

Baua Electric

Chile is a key target as it is the world’s biggest supplier of copper and the second-biggest producer of lithium, which are essential for electric vehicle batteries and renewable energy systems in the push away from fossil fuels. million) lithium exploration pact for five blocks in Argentina. USD 1 = 83.30

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Rio Tinto CEO bullish on lithium but not eyeing big acquisitions – ET Auto

Baua Electric

The company also owns the Jadar lithium project in Serbia, which is currently under dispute after Serbia in 2022 revoked the license for the project over environmental issues. PDAC, which runs Sunday to Wednesday, is one of the world’s largest gatherings of mining companies and their financiers.

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India faces uphill battle in Lithium mining and exploration – ET Auto

Baua Electric

India is striving to establish reliable lithium supply to bolster its growing electric vehicle (EV) industry with its recent INR 200 crore investment in lithium exploration in Argentina by the Ministry of Mines. Argentina has brine deposits, for which the extraction and processing technology is well proven.

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

Baua Electric

Companies must also grapple with a soft patch for lithium prices amid a slowdown in EV sales, which has changed the calculus for ensuring economically viable projects. Nearly 100 companies from a dozen countries have already approached the government to seek information about launching lithium projects, Williams said, including from the U.S.

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India faces uphill battle in Lithium mining and exploration – ET Auto

Baua Electric

India is striving to establish reliable lithium supply to bolster its growing electric vehicle (EV) industry with its recent INR 200 crore investment in lithium exploration in Argentina by the Ministry of Mines. Argentina has brine deposits, for which the extraction and processing technology is well proven.

India 40