Chinaâs Ganfeng signs deal with Argentinaâs government to develop lithium-ion battery factory Major Chinese lithium producer Ganfeng Lithium has signed a memorandum of understanding with Argentinaâs Mining Ministry and Jujuy provincial state for the development of a lithium-ion battery factory in the north of the country, Argentinaâs government announced on Friday May 14. The parties also agreed to cooperate on identifying further opportunities to invest in the countryâs lithium sector.
Argentina is nestled in the âlithium triangle,â alongside Bolivia and Chile, where more than 70% of the worldâs lithium reserves lie beneath its salt flats.
The current Argentinian administration under President Alberto Fernández is committed to developing the country s lithium resources.
China s Ganfeng signs deal with Argentina s government to develop lithium-ion battery factory
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Friday, 30 April, 2021 - 07:45
General view of Saudi Aramco s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Hong Kong - Asharq Al-Awsat
Major Chinese investors are in talks to buy a stake in Saudi Aramco, several sources told Reuters on Wednesday, as Saudi Arabia s state oil firm prepares to sell another slice of its business to international investors.
Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, announced on Tuesday that Saudi Arabia was looking to sell one percent of Aramco to “one of the leading energy companies in the world.”