Argentina’s Lithium Industry and its Role in the Global Renewable Energy Transformation

The global renewable energy transition is accelerating rapidly and lithium, the key ingredient in rechargeable batteries for electric vehicles and renewable energy storage, is more important than ever. This critical mineral, found in abundance in South America, is also important to post-pandemic economic recovery in Argentina, Bolivia and Chile, the so-called “Lithium Triangle.”

This is particularly true in Argentina, the world’s fourth-largest lithium producer. In recent years, the sector has encountered various challenges such as global oversupply, delayed investments and supply chain disruptions related to the pandemic. Today, however, the government and major private sector players are optimistic about the country’s lithium industry and its importance to the global renewable energy transformation.

Will Argentina be prepared to take advantage of projected skyrocketing global demand for lithium? Is Argentina’s investment framework attracting sufficient investment to accelerate production? Are Argentina’s provincial governments assuring environmental sustainability? Is Argentina collaborating with its neighbors to facilitate cross-border projects and explore opportunities higher up the lithium value chain?