The project, located in La Rioja province, is part of the Vicuña Belt.
The MARA project involves the development of the Agua Rica deposit, located in Catamarca, using the infrastructure of Bajo la Alumbrera, which operated for 20 years until 2018. Glencore is the sole owner and operator of the MARA project.
The participation of lithium and copper companies will be key to ensuring the success of the privatization strategy.
According to Benchmark Mineral Intelligence, production currently exceeds demand and will keep prices under pressure for at least two years.
Roberto Cacciola was re-elected as president and will continue to lead the organization for the next two years.
Todd Williams, Managing Director of Unico Silver, discusses the Australian company's projects in the province of Santa Cruz.
The official confirmed ongoing dialogue and pointed to a likely recovery in lithium prices.
Industry leaders foresee an eventual rebound in international prices but warn that it will not happen immediately.