BEIJING/PARIS : Chinese steel giant Tsingshan and French mining group Eramet plan to invest more than $1.7 billion in two stages of a lithium production project in Argentina, Tsingshan said in a statement on Thursday. The partners are due to start producing lithium in Argentina next year under a first pha
BEIJING/PARIS : Chinese steel giant Tsingshan and French mining group Eramet plan to invest more than $1.7 billion in two stages of a lithium production project in Argentina, Tsingshan said in a statement on Thursday.
As the take up of electric vehicles increases demand for lithium, the French firm has also said it is studying a second stage to triple output compared with the first phase, with a decision expected by the end of 2023. South America's lithium triangle, covering parts of Argentina, Bolivia and Chile, has attracted interest from companies pursuing battery minerals.
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