Where are lithium batteries made in Argentina?
Argentina’s first plant for lithium batteries will begin operations in September, using metal extracted locally by U.S. company Livent Corp, mining officials said. Livent had agreed earlier this year to supply lithium to the new plant, which was developed by Y-TEC, a unit of Argentine state oil firm YPF.
Will Argentina buy lithium from US company Livent?
Argentina will buy locally-produced lithium from US company Livent Corp to produce cells and batteries in a new plant set to start operating in September. Argentina will buy locally-produced lithium from US company Livent Corp to produce cells and batteries in a new plant set to start operating in September, the country’s Mining Secretariat said.
How many people can a lithium battery power Buenos Aires?
The plant will generate 15 megawatts per year, which means it will produce lithium batteries capable of powering 2500 households. The batteries are envisaged for use in rural areas. For example, there is already a Buenos Aires province-backed project to supply the Paulino-Berisso island, home to 70 families who are currently off the power grid.
Does y-TEC sell lithium in Argentina?
In the case of lithium, Y-TEC signed a contract with American company Livent, which extracts the mineral in Catamarca and, for the first time, sold part of its production in Argentina. According to Salvarezza, for industrialization to grow in scale, part of the production ought to be sold on the local market.
Is YPF lithium launching a lithium battery project in Argentina?
The battery project is linked to another, more ambitious one, that of YPF Lithium, YPF’s business unit that intends to compete in the exploration and production of lithium carbonate in northern Argentina.
Where will lithium batteries be made?
The lithium batteries’ cell manufacturing plant in Berisso, La Plata, will open in September, an event top government officials are expected to attend. The plant will generate 15 megawatts per year, which means it will produce lithium batteries capable of powering 2500 households. The batteries are envisaged for use in rural areas.
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