Lithium Triangle: Difference between revisions

Revision as of 05:06, 15 June 2023

Revision as of 05:07, 15 June 2023

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The area is thought to hold around 54% of the world's lithium reserves.<ref>{{cite web|url=https://resourceworld.com/lithium-triangle/|title=South America's prospective - The Lithium Triangle|author=Ellsworth Dickson|work=Resource World|access-date=7 December 2019|year=2017}}</ref>

According to ''[[The Economist]]'' Argentina was by November 2022 the country with most ongoing lithium extraction projects; in total 40.<ref name=TheEco22>{{Cite news |title=Argentina could help the world by becoming a big lithium exporter |date=2022-11-15 |access-date=2023-04-21 |work=[[The Economist]]|url=https://www.economist.com/the-americas/2022/11/15/argentina-could-help-the-world-by-becoming-a-big-lithium-exporter}}</ref> By one estimate Argentina could displace Chile as the second largest lithium producer by 2027.<ref name=TheEco22/> Similarly, there are estimates that posits Argentina producing 16% of the World's lithium by 2030, instead of the 6% asit produced in 2021.<ref name=TheEco22/> Low [[royalty payment]]s when compared to Chile are cited by ''The Economist'' as a particular advantage.<ref name=TheEco22/>

In December 2018 Bolivia signed an agreement with the German company [[ACISA]] for lithium extraction.<ref name=DW2022>{{Cite news |title=Bolivia: el sueño alemán del litio amenaza con derrumbarse |url=https://www.dw.com/es/bolivia-el-sue%C3%B1o-alem%C3%A1n-del-litio-amenaza-con-derrumbarse/a-62118554 |date=2022-06-13 |access-date=2023-04-20 |work=[[Deutsche Welle]] |language=Spanish}}</ref>