The $87.5-million deal is the latest Chinese acquisition of a lithium project in South America, following Tianqi Lithium’s decision to buy 24% of SQM for $4.1 billion, which has not yet been approved by Chile’s antitrust regulator.
Argentina Mining News
Falling Chinese electric car production wrenches lithium price
The world’s automakers “don’t worry about lithium supply anymore” – Simon Moores.
McEwen Mining posts loss on strong investment to grow key assets
The Canadian precious metals miner logged a $10.6-million net loss for the first half of the year following a $49-million investment in its Gold Bar, Black Fox and Los Azules projects during the period.
Argentina releases mining census, made $1321 million in 2016
Over 1,500 mining companies were operating in the South American country in 2016.
Canada's Barrick, China's Shandong Gold to deepen ties, look at acquisitions
Acquisitions in the metals mining sector have begun to pick up, with an increase in joint ventures between Western and Chinese mining firms.
Sibanye, Regulus join efforts to develop Argentina’s Altar project
Sibanye Canada and Regulus’ newly formed Argentinean subsidiary Aldebaran Resources will create a strategic partnership to unlock value at the copper-gold project, located in the San Juan province.
Yamana kicks off production at Argentina’s gold-silver mine
The miner, which has set an exploration objective of adding one million gold equivalent ounces to Cerro Moro's mineral inventory, has hiked its exploration budget for 2018 to $11.2 million from $9 million.
World’s No. 4 iron ore miner wants to diversify its portfolio
The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.
Lithium Chile, a perfect storm
Mining lithium in the salars of Chile and Argentina is much more cost-effective than hardrock mining.
Australia's Galaxy Resources to sell tenements in Argentina to POSCO for $280 mln
The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.
Lithium price: Massive supply response gets underway
SQM, world no 3 lithium miner, plans to nearly quadruple capacity in fewer than three years – to the equivalent of 84% of global output last year.
Report: Mining needs $100–$150 billion to meet EV demand
McKinsey asks if the availability and rising prices of cobalt, lithium, copper and nickel will constrain greater electric vehicle penetration.
Mining companies still reluctant to tap Argentina deposits
Lack of clarity on environmental rules, overlapping federal and local taxes, and regulations that vary from province to province continue to loom over proposed mines.
Argentina's official glacier inventory reveals extensive mining impacts at controversial projects
The glacier inventory is now the most authoritative document indicating where the no-go zones are for mining.
Yamana begins gold and silver production at Cerro Moro mine in Argentina
Commercial production is expected in the second quarter of the year.
Argosy seeks project financing for Argentina lithium site through pilot sales -exec
Argosy's Rincon project in northern Argentina will start producing 500 tonnes per year of lithium carbonate equivalent (LCE) next month.
Argentina luring Australian investors into its mining sector
The Deputy Secretary for Sustainable Mining is scheduled to meet with executives from Australia's largest mining companies and banks.
China lithium top player boosts investment in emerging Australian miner
Chinese companies continue to aggressively try securing steady supply of lithium, a key ingredient in the making of batteries that power electric cars.
Yamana exceeds gold production plans in Q1
The Toronto-based miner expects to stay in line with its 900,000 ounces production guidance for 2018.
Australia’s Galaxy hires JP Morgan to advise on $376m-lithium project options
Australian lithium producer Galaxy Resources said it was evaluating “strategic options” for its project in Argentina, which remains in the feasibility stage.
Why the lithium bears are wrong
What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.
Bolivia to invest in billion-dollar lithium deal with ACI Systems
Along with Argentina and Chile, Bolivia is part of South America's so-called "lithium triangle."
Bolivia nearing deal on partner to develop lithium – minister
The South American nation hopes to sign a deal with a foreign partner after a decade of state-led development left output far short of goals for the metal.
Argentinian government wants to change Glacier Law to boost mining development
The Deputy Secretary of Mining Policy said the world needs Argentina's copper, lithium, gold and silver.
This is the only chart lithium price bears need see
When it comes to new lithium mine supply how soon is now?
