(Image: Mariano Garcia / Alamy) Argentina will start operations at the first lithium battery cell factory in Latin America before the end of the year. The country aims to boost its position in the region’s electric transport and energy storage markets, and go beyond simply producing the lithium that is critical to their growth.
Argentina’s vast lithium resources are critical to meeting surging global demand primarily for electric vehicles and large-scale energy storage systems. With this, Argentina is positioned to be a key supplier of high-quality, cost-effective lithium. * Lithium Argentina’s lithium carbonate production expectations on a 100% basis
A worker at a lithium plant in the Salinas Grandes salt flat in northern Argentina. The country’s lithium production is rising, and a new battery plant will be one of the first facilities to process the metal domestically, with hopes of adding value to its industry. (Image: Mariano Garcia / Alamy)
According to projections from S&P and Benchmark Mineral Intelligence, by 2035 global demand for lithium could reach between 3.3 and 3.8 million tonnes of LCE — triple the 2024 level, representing growth of more than 230%. That’s precisely where Argentina’s opportunity lies.
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