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POSCO Holdings begins construction of $830M lithium plant in Argentina

Green Car Congress

Korea-based POSCO Holdings recently started construction of a lithium commercialization plant in Argentina. POSCO Group is the first to produce lithium hydroxide for batteries in Argentina throughout the entire process from the acquisition of mining rights to exploration, construction and operation of a production plant. Earlier post.)

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

Green Car Congress

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

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Bio-isobutanol company Gevo signs licensing and joint development agreements with Porta in Argentina; corn feedstock

Green Car Congress

to construct multiple isobutanol plants in Argentina using corn as a feedstock. Based on projected isobutanol pricing, Gevo estimates that it could generate approximately $1 million in annual revenues once the plant is operational, through royalties, sales and marketing fees, and other revenue streams such as yeast sales.

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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

Green Car Congress

Australia’s Department of Industry, Science and Resources released the December 2022 edition of the Resources and Energy Quarterly (REQ). Lithium hydroxide prices are expected to lift from US$17,370 a tonne in 2021 to US$39,900 in 2022 and US$61,200 in 2023, moderating to US$48,500 by 2024. billion in 2021–22—up from $1.1

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ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

Green Car Congress

On the other hand, this could lead to a marked decrease in the safety margin of lithium supply—the ratio between the cumulative consumption and current reserves—and a possible significant volatility of lithium prices by 2050. Production is currently concentrated between Australia (40%), Argentina and Chile (50% between them).

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

Baua Electric

Demand for key-battery mineral lithium will continue to grow, underpinned by strong adoption of electric vehicles but the price of the metal is expected to be volatile, Rio Tinto CEO Jakob Stausholm said on Sunday. Argentina has the world’s largest share of salt lake lithium resources.

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