Argentina Gears Up To Dump Tons of Lithium on an Oversupplied Market

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 22 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 68%

Argentina समाचार

Lithium,Lithium Prices,Energy

Four new projects are slated to come on stream in the coming weeks and months in Argentina.

Over the past decade, Argentina has plowed millions of dollars into the country’s giant lithium deposits with little to show for its efforts. To wit, no new mines have come online in the Central American nation for nearly a decade. Argentina is the world's fourth-largest lithium producer, and together with Chile and Bolivia, forms part of South America's so-called “lithium triangle”.

Lithium carbonate prices dipped below CNY 92,000 $12,650 per tonne in July, its lowest since 2021, as the surplus of raw materials for electric vehicle battery manufacturers continues to depress prices. Over the past few years, lithium producers have rapidly expanded capacity and continued to hunt for new reserves, magnifying expectations of oversupply amid the fallout of battery gluts thanks to government subsidies.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 34. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

‘We’re like gears grinding until they break’: Chinese tech companies push staff to the limitAs growth slows, employers are squeezing more hours out of fewer workers
स्रोत: FT - 🏆 113. / 51 और पढो »