The government is moving forward with a bilateral agreement with the United States on Argentine lithium. It states that US$400 billion will be invested in the energy transition, as a result of which demand for lithium is expected to increase fourfold. There are currently two projects in production in Argentina that are under expansion, and another six under construction. Regarding production, it states that the U.S. lithium carbonate supply comes only from a mine in Nevada, so they needed to import it. In 2022, the destinations of Argentine lithium exports were China (42%), Japan (31%), and South Korea (13%).

Source: Bueno Aires Herald April 25, 2023 17:24 UTC