Eramet CEO Christel Bories stated the plant would produce as much as 24,000 tons of battery-grade lithium carbonate per yr at full capability.
French mining group Eramet and China’s Tsingshan on Wednesday inaugurated a lithium manufacturing plant in Argentina to provide the booming electrical automobile business.
The positioning within the northwestern province of Salta represents an investment of $870 million {dollars}, Eramet stated.
The plant isn’t a conventional mine nor one of many environmentally damaging salt flats from which the metallic utilized in electric batteries is generally extracted in South America’s so-called lithium triangle of Argentina, Bolivia and Chile.
As an alternative, it makes use of an revolutionary “direct extraction” technique, in response to Eramet.
The plant is predicted to provide as much as 24,000 tons of battery-grade lithium carbonate per yr at full capability, Eramet CEO Christel Bories informed AFP—sufficient for 600,000 electrical automobile batteries.
In 2021, when Eramet introduced it was reviving the project with Tsingshan, delayed by the coronavirus pandemic, Bories stated the plant was anticipated to satisfy 15 % of Europe’s lithium wants.
Manufacturing is deliberate to start out in November with 350 workers.
Argentina is the fourth-biggest producer of the so-called “white gold”, after Australia, Chile and China.
© 2024 AFP
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