Leading Chinese Lithium Producer May Open Battery Plant In Argentina

Leading Chinese Lithium Producer May Open Battery Plant In Argentina

OilPrice.com

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China’s Ganfeng Lithium, one of the world’s top producers of the commodity used in electric vehicle batteries, has inked an initial deal to explore setting up a batteries plant in Argentina.The Chinese company, which counts automakers Tesla and BMW among its customers, is developing the Cauchari-Olaroz lithium brine project in Argentina’s northwestern Jujuy province.The project, in which Ganfeng has a 51% stake, is slated to produce of 40,000 tonnes of lithium carbonate equivalent per year and is scheduled to start production…

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