60 articles in this category
Canadian-based exploration company, NOA Lithium Brines, has announced high-grade results from its lithium project, Rio Grande, located in the province of Salta, Argentina.
Argentine mining company Argentina Lithium & Energy Corp, a member of the Grosso Group and a partner of the automaker Stellantis, has announced encouraging results from exploration holes No. 10 and No. 11 in its lithium project Rincón Oeste, located in the province of Salta. The samples collected from a section of 295.5 meters in the well "RW-DDH-010" ranged from 245 to 366 mg/l of lithium. Likewise, samples collected from a section of 321 meters in "RW-DDH-011" varied between 246 and 344 mg/l of lithium.
The Chinese delegation was informed about regulations aimed at installing the hydrochloric acid plant as a lithium input.
Lithium Argentina announced preliminary operational results for the Cauchari-Olaroz lithium brine operation, located in Jujuy and recently brought into production.
The recently merged company, Arcadium Lithium, announced it expects to boost combined volumes of lithium carbonate and lithium hydroxide delivered to customers by approximately 40% in 2024, reaching between 50,000 and 54,000 metric tons. This is due to expansions in lithium carbonate production in Olaroz and Fénix, in Argentina, as well as in hydroxide assets in other global locations.
The French company Eramet, associated with the Chinese company Tsingshan, announced that the company has "solid growth fundamentals" in the lithium sector despite the drop in prices recorded in the last period. The start of production at full commercial capacity remains firm for mid-2025, reaching 24 kt of lithium carbonate equivalent (LCE) produced in Salta.
At a meeting held at the Government House of Salta, representatives from Tecpetrol, a company belonging to the Techint group, have officially presented their strategic investment plan to Governor Gustavo Sáenz for the development and implementation of the Tolillar lithium project.
Australian junior Lake Resources, developer of the Kachi lithium project in Catamarca, reported that drilling completed in its operation continues to intercept lithium-rich brine in sand units, favorable for extraction over thick intervals in the southern portion of the central resource area.
Tech companies linked to mining observe in Argentina a growing market with strategic possibilities for sectors such as lithium and copper, two of the segments with the best prospects in the country. Under that premise, Panorama Minero interviewed Amanda Hall, CEO and founder of the Canadian company Summit Nanotech, who gave her perspective on the current situation in the region around lithium and the details of the denaLi™ DLE technology, which promotes new standards for lithium extraction and which already has a presence in northwest Argentina.
Australian company Lake Resources announced that, following the completion of the Definitive Feasibility Study for the first phase of the Kachi lithium project (DFS), they are rationalizing the size of their employee base and general administrative expenses to extend their financial horizon and better position the company, amid the search for a new strategic partner to assist in financing subsequent stages.
The new management of the Secretariat of Mining and Hydrocarbons, under the leadership of José Gómez, aims to add these two critical minerals to its mining offering. As the leading lithium producer in Argentina, Jujuy continues to show interest to investors.
Lithium Argentina, formerly Lithium Americas and operator of the Cauchari-Olaroz lithium mine alongside its partners JEMSE and Ganfeng, announced the results for the fourth quarter and full year of 2023, as well as its outlook for 2024.
Galan Lithium Limited provided further updates on the construction activities of its lithium brine project known as Hombre Muerto West (HMW), in Catamarca, where they aim to achieve lithium chloride production by the first half of 2025.
The Chamber of Mining of Catamarca and the Argentine Chamber of Mining Companies have issued a statement in response to the ruling issued by the Provincial Court of Catamarca, regarding lithium projects in the area of Río los Patos, located in the Salar del Hombre Muerto, in Antofagasta de la Sierra.
Australian company Lake Resources announced on Tuesday the submission of the Environmental Impact Assessment (EIA) for phase 1 of the Kachi lithium project, located in the Argentine northwest region. The assessment was submitted to the Catamarca Ministry of Mining and, as stated, "marks an important milestone for the project as it represents the culmination of extensive fieldwork and community engagement achieved over the past three years”.
Lithium Argentina (LAAC), formerly Lithium Americas Corp, announced the results for the fourth quarter and full year of 2023, as well as its outlook for 2024.
The exploration junior NOA Lithium Brines reported positive results from the brine sampling of hole RG23-005, the fifth of the phase 1 diamond drilling program executed at the Río Grande project, in Argentina. The hole, located in the Juana Azul concession within the salar, reached a depth of 602 meters and intersected a lithium brine aquifer of significant thickness, starting from a depth of only one meter.
The Emirati company called UMPC (United Mining Projects Corporation) confirmed its entry into Argentina with a US$550 million investment to launch the Río Grande Sur lithium project, located in the northwest of the province of Catamarca. The announcement was confirmed by the company in April and is the result of various trade and business missions that the local government has conducted with representatives from the Gulf nation over the last four years. UMPC is a company focused on lithium and other critical minerals and is entering Argentina through its local subsidiary, Marhen Lithium. The founder and CEO of UMPC, Bradley Pielsticker, said that he expects Río Grande Sur to be "one of the most advanced projects in national lithium production."
Arcadium Lithium, the multinational lithium company, announced its financial results for the first quarter of 2024, highlighting solid profitability driven by average prices for lithium hydroxide and carbonate above US$20,000 per metric ton. The company anticipates cost synergies and savings between US$60 and 80 million for the year and continues to advance towards a capacity of 170,000 LCE by 2026.
Eramet announced that it is ready to mark a milestone in the Argentine industrial landscape with the upcoming inauguration of its production plant in the province of Salta.
Canadian company American Salars Lithium has reached an agreement to acquire full ownership of the Pocitos 1 Project in Salta, located in the namesake salar, currently managed by Recharge Resources, the vendor.
The French chemical and mining company, Group Eramet, reported its economic contribution in Argentina focusing on the growth of its Centenario lithium project, which is soon to enter production in the province of Salta and is operated through its local subsidiary Eramine Sudamérica.
The Secretariat of Mining and Energy of Salta has issued the Environmental Impact Statement (EIS) for Potasio y Litio Argentina S.A. (PLA S.A.) to begin the construction of a commercial plant for lithium carbonate production in the Diablillos Salar. With this permit, Salta now has six lithium projects under construction, positioning itself as a significant player in the region.
With the presence of the Governor of Salta, Gustavo Sáenz, Eramine Sudamérica, a subsidiary of the French group Eramet (50.1%) and its Chinese partner Tsingshan (49.9%), inaugurated its lithium carbonate production plant this Wednesday. This marks the first of its kind in the region and the first project to enter the production phase in Salta. Additionally, it is the fourth producer in the country following in the footsteps of Olaroz and Fénix mines by Arcadium Lithium, and the Cauchari-Olaroz deposit operated by Lithium Argentina.
Interview with Amanda Hall, CEO of the DLE tech-group Summit Nanotech, about the inflection points that the lithium industry is experiencing today.
Lithium projects in Argentina are at a crucial stage as they are brought online amid a context of falling prices and the need to accelerate production to meet future demands.
Australian company Argosy Minerals Limited (ASX: AGY) has announced the signing of a sales contract with a Korean chemical company for the commercialization of 20 metric tons of lithium carbonate. This battery-quality product has been produced at their 2,000 tons per year (tpa) plant located in Salta, Argentina.
Australian lithium firm Lake Resources has reported that its partner, Lilac Solutions, has unveiled improvements in its Direct Lithium Extraction (DLE) technology, aimed at facilitating the commercial-scale production of the lithium Kachi project located in Catamarca.
Puna Mining and Argosy announced the suspension of its 2,000 tpa lithium plant to optimize resources and focus on the expansion of the Rincón project, located in Salta.
The Australian company Galan Lithium Limited, owner of two brine lithium projects in Argentina, has clarified recent media reports suggesting the existence of a takeover bid. The company has stated that it has not received any purchase offer, but it has received an unsolicited, confidential, conditional, and non-binding proposal from Energy Exploration Technologies (EnergyX) for the potential acquisition of its lithium assets.
Global lithium chemical producer Arcadium Lithium has announced the acquisition of Li-Metal Corp's lithium metal business. The all-cash acquisition of US$11 million includes the intellectual property and physical assets related to the Canadian company's production, including a pilot plant in Ontario.
Arcadium Lithium has announced a significant reduction in its capital expenditures by US$500 million over the next 24 months in response to current market conditions. However, the company remains committed to boosting production at its key projects in Olaroz and Fénix, located in Argentina, aiming to reach their full production capacity by 2025.
Lithium Argentina, a mining company with operations in Jujuy and development projects in Salta, in Argentina, announced its second-quarter results this Tuesday, highlighting significant progress in its Cauchari-Olaroz operation.
The Australian company, Galan Lithium Limited, announced the signing of a memorandum of understanding (MoU) for an offtake prepayment with Chengdu Chemphys Chemical Industry Co., related to the production of lithium products from the Hombre Muerto West (HMW) project, located in Catamarca, Argentina.
The Canadian company, a member of the Grosso Group, has successfully completed the exercise of option agreements for nearly 25,400 hectares of lithium-rich land across its Rincon West, Pocitos, and Antofalla North Projects, in Argentina. This strategic move underscores the Company’s commitment to expanding its lithium portfolio in the region.
Arcadium Lithium, one of the world's leading lithium producers, has unveiled a strategic plan that promises significant growth in the coming years, with Argentina positioned as a key pillar. The company expects to double its sales volumes by 2028 and achieve an adjusted EBITDA of US$1.3 billion, driven by strong global demand for lithium. Paul Graves, the company’s President and CEO, highlighted that the combination of a vertically integrated operational network and a disciplined commercial strategy will maximize the value of each unit of lithium delivered to its customers.
Hanaq Group has achieved a significant milestone in its Doncella lithium project, located in the Arizaro Salt Flat, in Salta province, by obtaining the Environmental Impact Statement (EIA) which will allow the construction of a 3,000-ton-per-year pilot plant for lithium carbonate. This progress came after successfully completing the Free and Informed Public Consultation (CPLI) and the Public Hearing in the local community of Tolar Grande.
Jujuy will take center stage at the 13th edition of the International Seminar: Lithium in South America, the pioneering event in the lithium sector, organized by the specialized media Panorama Minero since 2011. As in previous years, it is expected to gather thousands of representatives linked to one of the most attractive segments of both Argentine and global mining.
Lithium chemical producer Arcadium Lithium plc (NYSE: ALTM, ASX: LTM) has announced that it has been approached by Rio Tinto regarding a potential acquisition. The approach is considered non-binding, meaning there is no certainty that an agreement will be reached.
Governors from Argentina’s northwest, alongside international representatives, diplomats, business leaders, and the country’s Secretary of Mining, inaugurated the "13th International Seminar on Lithium in South America," a key event organized by Panorama Minero in Jujuy Province, drawing over 1,500 attendees on its first day. Since its founding in 2011, the event has established itself as a leading platform to discuss lithium's role in the energy transition and its potential to drive the region’s economic and social development. Experts agreed that there are solid reasons to expect a favorable outlook for the sector, despite the current price downturn.
The movements of a constantly evolving industry and the political-economic transformations are directly impacting the country's prospects and possibilities.
Global volatility and its effects on Argentina were the central theme of JP Morgan’s analysis at the region’s largest lithium conference. The country's mining potential, fully influenced by international circumstances, and the need for swift decision-making on the domestic front.
French company Eramet has completed the acquisition of Tsingshan Group’s 49.9% minority stake in Eramine Sudamérica, the subsidiary operating the Centenario project, a strategic resource in Argentina’s Lithium Triangle. The transaction, which impacts the Group’s net debt by US$699 million, grants Eramet full ownership of this key asset in its lithium expansion strategy.
The Australian mining company Galan Lithium Limited has announced significant progress at its Hombre Muerto West (HMW) lithium brine project in Catamarca Province, as part of activities carried out during the third quarter of 2024. The company highlighted that it became the first mining company to apply for Argentina's Large-Scale Investment Incentive Regime (RIGI), which offers tax benefits to large-scale projects in strategic and productive sectors like mining. "This initiative, combined with construction progress and a recent capital raise, reinforces Galan’s commitment to developing its projects in Argentina," the company stated.
Argentine lithium producer Exar, operating in the Cauchari-Olaroz salt flat in Jujuy, has announced its first-ever issuance of Corporate Bonds (Obligaciones Negociables, ON), marking a first for the sector in the country. The bond auction will take place on Thursday, September 7, and the funds raised will primarily be allocated to working capital and refinancing liabilities to support the company's ongoing operations.
The lithium company, which is set to be acquired by Rio Tinto, reported third-quarter revenues of US$203.1 million, with attributable net income of US$16.1 million and adjusted EBITDA of US$42.9 million. Despite a decrease in volumes and market prices for certain products, the company managed to maintain an average price of US$16,200 per metric ton of lithium. This figure represents a slight decline from the previous quarter, driven primarily by weaker demand and delays in the lithium carbonate production expansion at the Olaroz project in Argentina.
Lithium Americas (Argentina) Corp., known as Lithium Argentina, continues to move forward with the process of relocating its corporate domicile to Switzerland and operating under the new name, Lithium Argentina AG. This strategic shift, originally announced on November 29, 2024, will be subject to a shareholder vote at a special meeting scheduled for January 17.
The provinces of Northwestern Argentina (NOA), comprising Catamarca, Jujuy, and Salta, continue to solidify their position as a strategic hub for national mining, with mining exports in November 2024 reaching US$146 million. This performance marked a year-on-year growth of 31.4%, driven primarily by an increase in lithium export volumes, one of the region's most prominent resources.
Ganfeng Lithium has begun production at the Mariana Project and inaugurated its processing plant in Salta, marking a major milestone for Argentina’s lithium industry.
Rio Tinto has completed its acquisition of Arcadium Lithium for $6.7 billion, following the sanctioning of the Scheme of Arrangement by the Royal Court of Jersey on 5 March. Rio Tinto is now the ultimate parent company of Arcadium Lithium, which will become Rio Tinto Lithium, and will also include the Rincon lithium project.
EXAR, the leading lithium carbonate producer in Argentina, announced an investment of over US$40 million for the installation of a prototype direct lithium extraction (DLE) plant, which will allow it to maximize the efficiency of its production at its Cauchari-Olaroz plant (Jujuy province).
Lithium Argentina AG has released its fourth-quarter and full-year 2024 results, highlighting key operational and financial milestones at its Cauchari-Olaroz project, which has become Argentina’s largest lithium carbonate operation.
NOA Lithium Brines Inc. announced that its drilling contractor has mobilized it’s drilling rig for the Company’s upcoming 2025 water exploration campaign at its flagship Rio Grande Project in Salta Province.
Pilot plant has produced its first high-purity lithium carbonate using synthetic brine identical in chemical composition to the Rio Grande Sur brines.
The governor of Catamarca, Raúl Jalil, has assumed the rotating presidency of the Lithium Board, reaffirming his commitment to the sustainable development of this key resource for Argentina's energy transition.
Galan secures binding funding package for initial production at Hombre Muerto West (HMW). Execution of an Offtake Agreement and an Operating Agreement with Authium Limited (Authium)
Amid a climate of pronounced volatility in key energy transition metals, the latest reports from S&P Global Platts present mixed signals for lithium, cobalt, and recyclable materials such as black mass. These market fluctuations are directly affecting ongoing projects in Argentina — a critical player in the global lithium supply chain.
Government Announcement on Chinchillas Brings Employment Stability
The Australian Junior Company announced that Measured and Indicated Resource grew up to 8.2 Mt LCE.
Lilac, a leading provider of direct lithium extraction (DLE) technology, reported the successful operation of its lithium extraction demonstration plant in Jujuy.