Cordoba Argentina exports energy storage batteries

Will Argentine send lithium batteries to Argentina?

In 2022, the Argentine government announced a plan to send lithium batteries produced at UniLib — a joint venture between state-owned oil company Yacimientos Petrolíferos Fiscales (YPF), the National University of La Plata (UNLP), and the National Scientific and Technical Research Council — to the island.

What is happening in Argentina's lithium carbonate production capacity?

Argentina’s lithium carbonate production capacity has already tripled in the last two years. Around 85 projects are currently at various stages of development in northwestern Argentina, ranging from basic exploration to infrastructure building.

How will Argentina support the growth of the lithium industry?

Argentina will almost certainly continue to facilitate the growth of the lithium industry by welcoming more foreign and local investments, opening up new mines and potentially developing partnerships with neighbours Chile and Bolivia. Local communities will more than likely attempt to challenge the expansion through various non-violent means.

Is Argentina poised to gain a strategic advantage?

Argentina holds 20% of global lithium reserves and with global demand expected to increase fortyfold by 2040, Argentina is poised to gain significant strategic advantages whilst simultaneously strengthening their economic recovery.