ARGENTINA LITHIUM TRIANGLE HIGH DEMAND FOR LITHIUM BATTERIES
Cumulative lithium-ion battery demand for electric vehicle / energy storage applications (in GW hours)
The Lithium Battery Fueling the Green Revolution
- The Lithium Triangle, including parts of northwestern Argentina, produces about half of the world's lithium and hosts approximately 60% of the known lithium reserves
- Most lithium in this area is in salt lake ("salar") brines
- Argentina produces approximately 10% of the world's lithium, making it one of the top five global producer (2020)
- Government is encouraging renewable energy initiatives