A new report from BMI Research says lithium production will expand on projects in Chile and Argentina in the coming years, with the bulk of the new capacity coming online in 2019.
“We have updated our lithium production projections for Chile and Argentina to reflect the relatively slow development of the project due to regulatory barriers in the first and growing exploration efforts. While we have revised Chile's lithium production growth for 2018, we maintain a fairly positive outlook for the sector and expect both countries to drive global lithium production upward along with Australia over the next decade, ”the document says.
On the other hand, Argentina is expected to become a larger producer by 2020. BMI explains that the reason for this growth is a robust project, competitive operating costs, a favorable business environment under President Mauricio Macri, and the fact that several exploration projects in the country are ripe for consolidation among the larger foreign lithium players that will bring expertise to the country's nascent sector. ...
Chile and Argentina to provide significant growth in lithium production
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Azovpromstal® 5 January 2018 г. 11:18 |
