Latin America’s Lithium Sands Are Shifting
Argentina and Bolivia hope to surpass Chile as a long-awaited lithium boom gains speed.
As the world’s second-largest producer of battery-grade lithium carbonate (LCE), a crucial part of electric car batteries, Chile has long outpaced Argentina and Bolivia in attracting investment to mine it. But a series of events is changing Latin America’s so-called “lithium triangle.” With the world’s largest deposits, Bolivia has secured new multimillion-dollar investments, and Argentina’s lightly regulated lithium sector is roaring full speed ahead. In contrast, Chile has no new projects underway, and a planned overhaul of the industry under President Gabriel Boric,...
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