State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five times bigger, will kick off in Santiago del Estero in 2024.
The plant will generate 15 megawatts per year, which means it will produce lithium batteries capable of powering 2500 households. The batteries are envisaged for use in rural areas. For example, there is already a Buenos Aires province-backed project to supply the Paulino-Berisso island, home to 70 families who are currently off the power grid.
Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News. That will almost double production capacity in Argentina, whose growth potential has long lured the attention of battery makers around the world.
These are some of the findings from a report prepared by the consulting firm Aleph Energy, led by Daniel Dreizzen, which analyzes the global lithium market while delving into Argentina in greater detail. These are the 41 companies of various characteristics that participate in the country’s 64 projects.
In the case of lithium, Y-TEC signed a contract with American company Livent, which extracts the mineral in Catamarca and, for the first time, sold part of its production in Argentina. According to Salvarezza, for industrialization to grow in scale, part of the production ought to be sold on the local market.
If Argentina manages to bring all of projects to production , the country would produce up to 1.5 million metric tons of lithium carbonate equivalent per year, exporting around US$30 billion. This scenario could be achieved by 2040, according to Dreizzen’s estimates.
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The majority-state-owned company Y-TEC is set to open its first industrial-scale lithium battery plant in the city of La Plata, in Buenos Aires province. The facility arrives after several years of research and US$10 million …
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State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five …
Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News. That will almost double production …
Buenos Aires — Global demand for lithium will continue to grow in the coming years, propelled predominantly by a rising production of electric vehicles. While the price for …
State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos …
Argentina''s first plant for lithium batteries will begin operations in September, using metal extracted locally by U.S. company Livent Corp, mining officials said. Livent had …
Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg …
The majority-state-owned company Y-TEC is set to open its first industrial-scale lithium battery plant in the city of La Plata, in Buenos Aires province. The facility arrives after …
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