Buenos Aires lithium energy storage power price

How many companies are involved in a lithium project in Argentina?

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.

How much lithium will Argentina produce in 2040?

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.

Can Argentina start a battery industry?

The bill to develop the value chain of lithium and batteries, as it reads on the draft, hopes that Argentina can start by joining the industrialization of a few elements, such as cathodes and battery cells, and only then start producing batteries in the mid-term.

Is Arcadium lithium still produced in Argentina?

Arcadium Lithium, the firm that resulted from the merger between Livent and Allkem, two of the three companies that were already producing lithium in Argentina, accounts for 13% of global production. Output has quadrupled in the last ten years, but is still attributable to only a few countries and projects. Another Argentine Unicorn on the Horizon?

Which Argentine sites produce lithium hydroxide and lithium carbonate?

Two Argentine sites, Salar de Hombre de Muerto and Salar Cauchari - Olaroz, are already producing lithium hydroxide and lithium carbonate, and are among the top three with the highest lithium concentration in the region, behind Salar de Atacama in Chile. They are also among the top three with the lowest impurities.

Are energy storage systems the next big growth area for lithium demand?

Liontown Resources (ASX:LTR) Tony Ottaviano sees energy storage systems as the next big growth area for lithium demand. “The one that I want to draw out is energy storage systems.