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State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five times bigger, will kick off in Santiago del Estero in 2024.
The plant will generate 15 megawatts per year, which means it will produce lithium batteries capable of powering 2500 households. The batteries are envisaged for use in rural areas. For example, there is already a Buenos Aires province-backed project to supply the Paulino-Berisso island, home to 70 families who are currently off the power grid.
The bill to develop the value chain of lithium and batteries, as it reads on the draft, hopes that Argentina can start by joining the industrialization of a few elements, such as cathodes and battery cells, and only then start producing batteries in the mid-term.
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These are some of the findings from a report prepared by the consulting firm Aleph Energy, led by Daniel Dreizzen, which analyzes the global lithium market while delving into Argentina in greater detail. These are the 41 companies of various characteristics that participate in the country’s 64 projects.
If Argentina manages to bring all of projects to production , the country would produce up to 1.5 million metric tons of lithium carbonate equivalent per year, exporting around US$30 billion. This scenario could be achieved by 2040, according to Dreizzen’s estimates.
State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos Aires province. Another plant, five …
Buenos Aires — In the midst of the lithium development boom in Argentina, alarm bells rang Thursday when it was revealed that one of the world''s leading mining …
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3 · Rio Tinto Group''s chief executive officer, Jakob Stausholm, welcomed the investment decision. "The attractive long-term outlook for lithium driven by the energy transition supports …
News of battery. Homepage for the Buenos Aires Times, Argentina''s only English-language newspaper. News from Argentina and beyond – in English. News, analysis, …
Lithium start-ups bet on high demand in battery-powered future. Despite oversupply today, novel lithium extraction techniques will be key to the energy transition even …
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Buenos Aires — Global demand for lithium will continue to grow in the coming years, propelled predominantly by a rising production of electric vehicles. While the price for …
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State company Y-TEC, the tech arm of YPF, will open the first lithium battery cell factory in September, in La Plata, the capital of Buenos …
Lithium start-ups bet on high demand in battery-powered future. 30-08-2024 11:33 Despite oversupply today, novel lithium extraction techniques will be key to the energy …
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Eastern Argentina, along the Atlantic coast, has major port cities like Buenos Aires and Rosario, crucial for trade and exporting agricultural products. According to the research report …
For example, there is already a Buenos Aires province-backed project to supply the Paulino-Berisso island, home to 70 families who are currently off the power grid. ... "LFP represents 30% of battery cost. It''s true …
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This would bring the exports up to more than US$7 billion, considering the average prices of 2022, where the carbonate tonne cost US$37,000. This value may increase …
The UNLP plant will enable the production of battery cells that will allow the storage of wind and solar energy for populations that are currently disconnected from the …