Now is a Great Time to Invest in Latin American Mining
For centuries Latin American mining has captivated international investors. Tales of Birú, a magical gold-laden land that we now know as Peru, were enough to convince Spanish conquistador Francisco Pizarro to lead a risky expedition against the Incas. In the short-term the mission was an outstanding success with Pizarro ransoming captured Inca emperor Atahualpa for 13,000 pounds (lbs) of gold and twice as much silver. In today’s prices that is almost $3billion worth of gold though the silver comes to…
Lithium battery dreams get a rude awakening in South America due to nervous investors
Lithium refining and battery-assembling facilities could help kickstart economies. But so far, public and private initiatives in Argentina, Bolivia, Brazil and Chile have failed to deliver even a single lithium cell factory. And none are set to be built through 2025. South America controls about 70 percent of the world’s reserves of lithium, the metal used in rechargeable batteries for mobile phones and electric vehicles, but none of the infrastructure needed to put it to work. Lithium refining and battery-assembling…
Lithium Carbonate Mining in Argentina expands
Orocobre Mining has with Australian capital and know-how along with Toyota technology and in partnership with Jujuy’s local government is growing its production quickly of Lithium production. Orocobre is a dynamic global lithium carbonate supplier and an established producer of boron. In partnership with Toyota Tsusho Corporation (TTC) and JEMSE, Orocobre has built and is now operating the world’s first commercial, brine-based lithium operation constructed in approximately 20 years. In 2018 Orocobre…
