Argentina Lithium Producers

Argentina s lithium producers are cautiously optimistic that president elect alberto fernandez s incoming administration will not restrict capital flows or set other policies that could hamper.

Argentina lithium producers.

Livent s focus is their flagship argentina lithium brine mine and their production facilities for both carbonate and hydroxide. The top five countries for lithium production in 2018 were australia chile china argentina and zimbabwe. Lithium production in argentina amounted to an estimated 6 400 metric tons in 2019 the same value reported in the previous year. 10 lithium stocks to buy despite the market s irrationality was previously published in may 2020 it has since been updated to include the most relevant information available.

The asian country saw its lithium supply grow to 7 500 mt last year from 7 100. Lithium mine production tonnes rank country 2018 2019 1. Total global production excluding the u s amounted to 70 000 metric tons. China came third for lithium production in 2019 beating argentina by 1 100 mt.

Valuation looks about fair. Australia produced 51 000 metric tons of lithium that year the latest for which figures are available. Argentina has lithium reserves of 9 000 000 tons and the salar del hombre muerto district is a part of the so called lithium triangle which is believed to be home to half of the world s lithium reserves. Meanwhile livent remains on track to increase production in argentina by 9 500 metric tons per year of lithium carbonate equivalent lce by the end of 2020 which is part of a larger 40 000.

Albemarle is one of the largest lithium producers in the world with 5 000 employees and customers in 100 different countries worldwide. In 2016 for the first time argentina overtook china to become the third largest producer of lithium.