Argentina Has The Most Potential To Replace Chile As The Next Center Of Lithium Mining Boom_SMM
In recent years, investors and operators from around the world have rushed to participate in lithium mining projects in Argentina.
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In recent years, investors and operators from around the world have rushed to participate in lithium mining projects in Argentina.
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Flurry of lithium initiatives includes quotas, battery factories, electric vehicle law and tax changes
According to a report released this week by Argentina's Mining Secretariat, the South American country's sales abroad of these minerals totaled US$ 322 million in December of 2022, with 98% of shipments stemming from the provinces of Santa Cruz (44.6%), San Juan (22.4%), Jujuy (19.1%), Salta (7.7%) and Catamarca (4.0%).
Government introducing new incentives to grow the sector over next decade, but social and environmental organisations warn of impact.