Dubai-based United Mining Projects Corporation (UMPC) plans to begin producing battery-grade lithium in Argentina next year, aiming to deliver 5 000 metric tons in 2027 and double that in 2028, CEO Bradley Pielsticker said in an interview.
Argentina is the world's fourth-largest lithium producer, with a pipeline of projects led by international companies set to ramp up in the coming months.
Argentina, weathering a prolonged economic crisis with a shortage of foreign currency, is betting on increased mining exports to boost the country s coffers. Lithium output grew nearly a third in 2023 compared to the prior year.
Dubai-based United
Mining Projects Corporation plans to begin producing
battery-grade lithium in Argentina next year, aiming to deliver
5,000 metric tons in 2027 and double that in 2028, CEO. -May 20, 2024 at 01:15 pm EDT
- MarketScreener