A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Lithium
Argentina is situated within the lithium triangle, a geographic zone that encompasses northern Argentina, northern Chile and southern Bolivia, constituting 65% of the world's total lithium reserves. Argentina alone accounts for almost 10% of that total, and the demand hype for this soft silver-white metal has refocused the world's attention towards investing in greenfield projects and bringing more lithium operations online. Uncertainty about true demand makes creating price margins difficult. There is constant discussion amongst market analysts over whether the market will become oversupplied or whether the shortage will remain for the next five to 10 years. He is more inclined to believe the latter, because from exploration it takes roughly three years to get substantial amounts of new production into the market, noted a representative from Galaxy Resources. Argentina can become one of the top largest lithium producers in the world in five years time, with 120,000 to 140,000 mt/y.
Lithium
Argentina is situated within the lithium triangle, a geographic zone that encompasses northern Argentina, northern Chile and southern Bolivia, constituting 65% of the world's total lithium reserves. Argentina alone accounts for almost 10% of that total, and the demand hype for this soft silver-white metal has refocused the world's attention towards investing in greenfield projects and bringing more lithium operations online. Uncertainty about true demand makes creating price margins difficult. There is constant discussion amongst market analysts over whether the market will become oversupplied or whether the shortage will remain for the next five to 10 years. He is more inclined to believe the latter, because from exploration it takes roughly three years to get substantial amounts of new production into the market, noted a representative from Galaxy Resources. Argentina can become one of the top largest lithium producers in the world in five years time, with 120,000 to 140,000 mt/y.
Lithium
2017
Article (Journal)
English
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