South American Real Estate News
/ Category / lithium

Argentina is on track to becoming region’s leading producer and exporter of lithium

Argentina is competing with Chile which is the current  South America’s top producer of the mineral lithium, a key ingredient for the production of electric cars and its rechargeable batteries allowing them to retain energy far longer, and as a consequence its price has soared more than 30% to a record US$ 12.000 a ton this year. Since Argentina’s business-friendly president Mauricio Macri took office in December 2015 and opened the country to foreign capital, Argentina has received more investment…