Reserve Revision for Lithium in Argentina
Lithium reserves for Argentina were revised to 3,600,000 metric tons for 2023 based on company and government reports.
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Market intelligence
Lithium reserves for Argentina were revised to 3,600,000 metric tons for 2023 based on company and government reports.
Aluar restarted production at its Puerto Madryn smelter, returning to 70% capacity.
Aluar shut down 25% of capacity at its Puerto Madryn smelter due to a government mandate amid the COVID-19 pandemic.
Established lithium operations in Argentina postponed capacity expansion plans due to overproduction and falling prices.
Lithium reserves for Argentina were revised upward based on new government and industry data.
Argentina secured a 180,000‑t/yr quota to maintain tariff exemption under U.S. Section 232.
New lithium brine operation in Argentina expected to commence in 2014, expanding production capacity.
Rio Tinto Minerals sold its Borax Argentina mining assets, including the Tincalayu Mine, to Orocobre Ltd., changing ownership of a major Argentine boron operation.
Silver Standard Resources continued development of the Pirquitas project; commissioning scheduled for Q4 2008 with ore delivery to the mill in Q1 2009.
Manufacturas Los Andes S.A. inaugurated a new boric acid production plant in Olacapato, Argentina, adding to regional capacity.
Argentina enacted a law banning the use of chrysotile in filters, gaskets, insulating products, paint, paper, plastic, rubber, and textiles, effective September 2001, with remaining uses prohibited after January 1 2003.
FMC completed its Argentine lithium brine operation, adding significant lithium production capacity.
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